Archive for December 2020
Insurers, Drugmakers Sail into Unknown With Covid Vaccine Rollout
LONDON — Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and spur demand for new areas of coverage, leaving underwriters on high alert. Pharmaceutical companies … Source: Claims Journal
Read MoreIndiana Lawmakers to Push Coronavirus Lawsuit Shield
INDIANAPOLIS (AP) — Indiana’s governor and legislative leaders are lining up in favor of giving a legal shield to businesses from COVID-19 lawsuits when the General Assembly returns to action next month. Supporters argue the liability protection is needed for … Source: Claims Journal
Read MoreLawmakers: Insurance Disputes Slow Louisiana Storm Recovery
BATON ROUGE, La. — Southwest Louisiana lawmakers Wednesday criticized the insurance industry’s handling of claims from Hurricanes Laura and Delta, describing slow responses, low-balled damage estimates and drones used to assess destruction instead of people. “We’re almost four months ago … Source: Claims Journal
Read MoreMiami Beach Wants to Help Homeowners Adapt to Sea Level Rise
MIAMI (AP) — Miami Beach is exploring a way to help residents cover the cost of floodproofing their properties from heavy rains and high tides made even higher by sea level rise — at least a little. The city is … Source: Claims Journal
Read MoreBusinesses, Lacking Legal Immunity, Fear COVID-19 Lawsuits
PORTLAND, Maine (AP) — Plans for a lawsuit against a Maine venue that hosted what became a “superspreader” wedding reception underscore the liability risks to small businesses amid the coronavirus pandemic and an uphill push by Republicans in Congress to … Source: Claims Journal
Read MoreKaimi, Hawaii’s First Certified Arson Dog, Dies at 13
HILO, Hawaii — Hawaii’s first certified arson dog, Kaimi, has died at the home of his handler Robert Perreira, the acting fire chief of the Hawaii Fire Department. The Labrador and golden retriever mix died Dec. 12 at the age … Source: Claims Journal
Read MoreSmall Town Besieged by Hundreds of Giant Black Vultures
PHILADELPHIA (AP) — Black vultures circled beneath a leaden sky, swooping down close to the tombstones in a Marietta cemetery in search of something dead to eat. Classic horror imagery aside, a big bird in the air is better than … Source: Claims Journal
Read MoreUnclear Policy Endorsement Makes Excess Insurer Liable for Fuel Spill
Confusing language in a policy issued by an excess insurer puts the carrier on the hook for up to $5 million in clean-up costs after a policyholders’ tanker truck overturned and spilled its load of fuel, the 1st Circuit Court … Source: Claims Journal
Read MoreWhat Happens When Tycoons Abandon Their Giant Cargo Ships
From the deck of their tanker, Captain Samig Nabiyev and his crew could see the smoke and fire rising over the Port of Beirut, 900 meters away. When the flaming warehouse exploded, the force of the blast knocked Nabiyev flat … Source: Claims Journal
Read MoreFiji Imposes Curfew as it Prepares for Major Cyclone to Hit
SUVA, Fiji (AP) — Fiji imposed a nationwide curfew Thursday after urging people near the coast to move to higher ground as the island nation prepared for a major cyclone to hit. Cyclone Yasa was expected to hit the two … Source: Claims Journal
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