Archive for March 2021

Property and casualty insurer Chubb Ltd on Thursday offered to acquire smaller rival Hartford Financial Services Group Inc in a $23.24 billion cash-and-stock deal. Chubb’s $65 per share offer represents a premium of 13.2% to Hartford’s last close of $57.41. … Source: Claims Journal

Medical science has moved forward by leaps and bounds in recent years, and yet for too many injured workers, their initial work-related injury and subsequent medical treatment is only the start of an all-too-familiar downward spiral that often ends in … Source: Claims Journal

Chubb Ltd., the global insurer led by Evan Greenberg, is exploring an acquisition of Hartford Financial Services Group Inc. in what could be one of the industry’s biggest deals in years, people familiar with the matter said. The New York-listed … Source: Claims Journal

A system of severe thunderstorms that spawned tornadoes in Alabama and Mississippi was moving across the U.S. Southeast on Thursday, threatening northern Florida, southern Georgia and the Carolinas, the U.S. National Weather Service said. The storms were likely to cover … Source: Claims Journal

WASHINGTON — The U.S. auto safety agency said on Wednesday it will send a team to investigate a crash involving a Tesla suspected of being in Autopilot mode when it struck a parked Michigan State Police patrol car. The National … Source: Claims Journal

CORNELIUS, Ore. (AP) — Fire crews are battling a fire at an ethanol fuel facility west of Portland in Cornelius that has prompted evacuations, authorities said. The Cornelius Fire Department on Twitter at about 1:42 p.m. Tuesday called the fire … Source: Claims Journal

SALEM, Ore. (AP) — The U.S. Army Corps of Engineers has determined that a large earthquake — which is expected to occur again in the Pacific Northwest sooner or later — could cause the spillway gates of a dam in … Source: Claims Journal

With named storms coming earlier and more often in warmer waters, some assumptions about the Atlantic hurricane season are being rethought. For six straight years, Atlantic storms have been named in May, before the season even begins. On Wednesday, a … Source: Claims Journal

SEDAN, Kan. (AP) — Greetings from Chautauqua, the only county in Kansas where COVID-19 isn’t an emergency. This bucolic and remote county, nestled on the Oklahoma border 100 highway miles southeast of Wichita, is the only place in Kansas that … Source: Claims Journal

SAVANNAH, Ga. (AP) — Salvage crews cutting a wrecked cargo ship into giant chunks along the Georgia coast Tuesday lifted away the third big section to be severed from the vessel since demolition began four months ago. The South Korean … Source: Claims Journal