Archive for March 2021
Analysis: Louisiana Weighs Hefty Borrowing to Pay Levee Debt
BATON ROUGE, La. (AP) — After Hurricane Katrina, Louisiana delayed paying its debts for improvements to the federal flood protection system stretching across five parishes in the New Orleans area. The massive bill totaling as much as $3 billion is … Source: Claims Journal
Read MoreAt Least 20 Dead, 600 Wounded in Equatorial Guinea Blasts
OUAGADOUGOU, Burkina Faso (AP) — A series of explosions at a military barracks in Equatorial Guinea killed at least 20 people and wounded more than 600 others on Sunday, authorities said. President Teodoro Obiang Nguema said the explosion at 4 … Source: Claims Journal
Read MoreWorkers’ Compensation and COVID: More Data on Evolving Claims
Workers’ compensation insurers aren’t getting the large aggregate volumes of COVID-related claims projected during the early months of the pandemic, but different data sources give varying readouts on developments for individual U.S. states and classes of workers. In fact, while … Source: Claims Journal
Read MoreHonda Unveils Its New Level 3 Technology, But How Does It Work?
Honda Motor Co Ltd unveiled on Thursday a limited batch of its flagship Legend sedan this week, becoming the world’s first carmaker to sell a vehicle equipped with certified level 3 self-driving technology. Lease sales of the level 3 Legend … Source: Claims Journal
Read MoreNordstrom Lawsuit Says Civil Unrest Was a Single Event, Only 1 Deductible Owed
Nordstrom Inc. has filed suit against its insurers, seeking a court declaration that they must treat nationwide civil unrest last spring and summer as a single occurrence rather that separate events that would require the department store chain to pay … Source: Claims Journal
Read MoreAlphabet’s Waymo Says Its Tech Would Avoid Fatal Human Crashes
The autonomous-car artificial intelligence from Alphabet Inc.’s Waymo avoided or mitigated crashes in most of a set of virtually recreated fatal accidents, according to a white paper the company published Monday. The simulations were based on 72 fatal crashes that … Source: Claims Journal
Read MoreDredging the Coast Is Making Flooding Worse, a New Study Says
Climate change is the main culprit behind nuisance flooding, but human alterations to coastal areas that deepen shipping channels or fill in wetlands may be exacerbating the problem by as much as 27%, according to a new study published today … Source: Claims Journal
Read MoreCOVID-19 Travel Insurance Becoming a Vacation Staple
COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some regions, driving … Source: Claims Journal
Read MoreResidents, Business Owners Clean Up After Kentucky Flood
BEATTYVILLE, Ky. (AP) — Standing in the gooey, dank-smelling muck coating the floor of her mobile home in Beattyville, Cindy Spencer considered how she would describe the experience of being flooded out, of losing keepsakes her kids made in school, … Source: Claims Journal
Read MoreMuch of Opal Creek Forest Hit Hard by Beachie Creek Fire
SALEM, Ore. (AP) — One of the most beloved destinations in Oregon looks a lot different following the blowup of the Beachie Creek Fire. Large swaths of the 34,000-acre Opal Creek Wilderness and Recreation Area burned after historic winds turned … Source: Claims Journal
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