Archive for July 2021
Actor Cohen Sues Cannabis Firm for $9M Over Use of ‘Borat’ Image on Billboard
Film and television actor Sacha Baron Cohen, best known for his movie character Borat, is suing a Massachusetts cannabis firm for $9 million because Cohen says the firm used his likeness on a billboard without his permission. Cohen and his … Source: Claims Journal
Read MoreLegionnaires’ Disease Cases Linked to Minnesota Hotel Spa
State health officials are investigating cases of Legionnaires’ disease linked to an Albert Lea, Minn., hotel. Early evidence suggests the source of the respiratory disease may be the spa at the at the Ramada by Wyndham, according to the Minnesota … Source: Claims Journal
Read MoreFlorida Weighs New Building Inspection Policies to Prevent Another Surfside Tragedy
Across Florida, people living in the thousands of condominiums rising above the state’s 1,350 miles of coastline wonder if the building collapse in Surfside could happen to their home as state and local officials discuss what they can do to … Source: Claims Journal
Read MoreInsurance Costs for Canada’s Municipalities Surge as Insurers Exit, Litigation Rises
TORONTO – Canadian municipalities reeling from a pandemic-driven hit to revenues are facing an added blow from surging liability insurance costs, forcing them to raise property taxes or even cut services for residents. The increase in premiums, about 20% to … Source: Claims Journal
Read MoreEver Given Ship Resumes Voyage After 112 Days in Egypt’s Waters
The Ever Given container ship that had blocked the Suez Canal in March left Egyptian waters at 4 a.m. local time following inspections at Port Said, a canal source said on Tuesday. Ship tracker MarineTraffic showed the Ever Given to … Source: Claims Journal
Read MoreOlympics Without Fans to Cost Reinsurers Far Less Than Cancellation: Fitch
Japan’s decision to bar spectators from the Tokyo Olympics is likely to cost the global reinsurance sector $300 million to $400 million due to payouts for ticket and hospitality refunds, Fitch Ratings says. However, this is only 10%–15% of the … Source: Claims Journal
Read MoreStates Urge Federal Standards for Child Car Seat Side-Impact
The attorneys general of 17 states and the District of Columbia on Tuesday urged the U.S. National Highway Traffic Safety Administration (NHTSA) to adopt long-delayed side-impact standards for child car seats. Congress first asked the agency to set the standards … Source: Claims Journal
Read MoreWashington Adds Emergency Rules for Outdoor Workers Exposed to Extreme Heat
The Washington State Department of Labor & Industries filed an emergency rule to provide increased protection for employees exposed to extreme heat, including those working in agriculture, construction and other outdoor industries. The emergency Outdoor Heat Exposure rule filed on … Source: Claims Journal
Read MoreJune Brought Record Weather Catastrophes Around the Globe: Aon
June 2021 left Europe with its costliest severe storm period on record. Meanwhile, over in the U.S. in Canada, record-setting heatwaves caused significant damage, according to Aon’s latest natural catastrophe report. Aon said Europe will face insured losses of more … Source: Claims Journal
Read MoreGerman Municipality Reports Country’s First ‘Cyber-Catastrophe’
A district council in eastern Germany has declared a disaster after its computer systems were paralyzed by a hacker attack in what the federal cyber-security watchdog confirmed was the country’s first-ever “cyber-catastrophe.” Hackers knocked out the IT operations of the … Source: Claims Journal
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