Archive for April 2021
Hurricane Center Report Details $2.9 Billion Cost From Delta
NEW ORLEANS (AP) — Hurricane Delta, which made landfall about 11 miles (about 18 kilometers) from where the devastating Hurricane Laura hit a little more than a month earlier, cost $2.9 billion in the United States and was linked to … Source: Claims Journal
Read MoreMan With Pole Trashes Asian-Owned Convenience Store
An Asian-owned convenience store in Charlotte, North Carolina, was trashed by a man who wielded a metal post and yelled racial slurs, according to police and a son of the store’s owners. Surveillance footage shows a man pulling a merchandise … Source: Claims Journal
Read MorePandemic Aid Helps New Mexico Tribe Fix Damaged Adobe Homes
SANTO DOMINGO PUEBLO, N.M. (AP) — First came the hail — sheets of it, pounding the centuries-old adobe homes at Santo Domingo Pueblo. Roofs were perforated “like a machine gun,” with some vigas broken and windows shattered. The floods came … Source: Claims Journal
Read MoreCedar Rapids, Marion Seek Federal Aid for Waterway Cleanup
CEDAR RAPIDS, Iowa (AP) — Cedar Rapids and Marion are pursuing federal assistance to help pay for millions of dollars worth of tree debris cleanup in waterways as recovery from last summer’s devastating derecho continues. The two Linn County communities … Source: Claims Journal
Read MoreLeak at Wastewater Pond Prompts Evacuations in Florida
MIAMI (AP) — Florida Gov. Ron DeSantis declared a state of emergency Saturday after a significant leak at a large pond of wastewater threatened to flood roads and burst a system that stores polluted waters. Officials in Florida ordered more … Source: Claims Journal
Read MoreTruck Owner Apologizes After Taiwan Railway Crash Kills 48
TAIPEI, Taiwan (AP) — The owner of a construction truck that caused Taiwan’s worst rail accident in decades, killing 48 people, apologized in tears while being led away from his home by police on Sunday. The unmanned truck’s emergency brake … Source: Claims Journal
Read MoreN.Y. High Court: No Lump Sum Award Owed to Estate of Deceased Worker
New York’s highest court ruled Thursday that the estate of a deceased injured worker with no dependents, who died from causes unrelated to his work injury, is entitled only to the permanent disability benefits he would have received while alive, … Source: Claims Journal
Read MoreGreensill Insurance Mystery Turns Up the Heat on Credit Suisse
Credit Suisse told investors the debt in its $7.3 billion finance fund was low risk because it was insured but the bank failed to ensure the policies would pay out, two sources told Reuters. When Japan’s Tokio Marine, the company … Source: Claims Journal
Read MoreSuez Blockage May Lead to Large Reinsurance Claims, Broker Willis Re Says
LONDON — The blockage of the Suez Canal is likely to lead to large reinsurance claims, adding to upward pressure on marine reinsurance rates, James Vickers, chair of reinsurance broker Willis Re International, told Reuters. Formal investigations began this week … Source: Claims Journal
Read MoreTop Investors to Call for Improved Working Conditions in Care Homes
LONDON — A group of investors managing a collective $3 trillion in assets will call on operators of nursing homes to improve pay and working standards for care workers, noting the “devastating outcomes” of the COVID-19 pandemic on the industry. … Source: Claims Journal
Read More