Archive for October 2022
Some Risks Too Big: Insurers Withdraw from Fossil Projects
BERLIN (AP) — Insurance companies that have long said they’ll cover anything, at the right price, are increasingly ruling out fossil fuel projects because of climate change — to cheers from environmental campaigners. More than a dozen groups that track … Source: Claims Journal
Read MoreSanibel Island Causeway Washed Out by Ian Reopens Early
SANIBEL, Fla. (AP) — The causeway washed out by Hurricane Ian that links Sanibel Island to the Florida mainland reopened with temporary repairs on Wednesday, Gov. Ron DeSantis announced. The 3-mile (4.8-kilometer) causeway was badly damage by the Category 4 … Source: Claims Journal
Read MoreN.C. Court Joins Others in Finding Bacteria Exclusion Doesn’t Apply to Legionella Claims
A decision by a panel of the North Carolina Court of Appeals this week adds to a body of case law that holds insurers liable for outbreaks of Legionnaire’s disease despite policy exclusions for injuries caused by bacteria. The appellate … Source: Claims Journal
Read MoreNew York Fines Health Insurer $4.5M for Data Breach that Exposed Private Data
Health insurance company EyeMed Vision Care LLC will pay a $4.5 million penalty to New York State for violations of the state’s cybersecurity regulation that officials said exposed hundreds of thousands of consumers’ personal health data, including data concerning minors. … Source: Claims Journal
Read MoreCourt Dismisses 32 COVID-19 Business Insurance Cases Against Erie Insurance
A federal judge has dismissed 32 lawsuits over COVID-19 business interruption insurance claims against Erie Insurance, concluding the claimants failed to “plausibly plead” that they are entitled to coverage under their Erie policies. The ruling by U.S. District Judge Mark … Source: Claims Journal
Read MoreHackers Targeting Tech Supply Chains Spur Security Startup Boom
Cyberattacks on the digital supply chain have become increasingly common, as hackers seek out weak links among makers of computer code and equipment to breach organizations that depend on the technologies. In 2020, for example, hackers suspected of working for … Source: Claims Journal
Read More$275 Million Verdict for Toxic Exposures at Washington School
MONROE, Wash. (AP) — A jury in King County has awarded $275 million to ten students and parents who say they suffered serious neurological injuries from chemical exposure at a school northeast of Seattle. The lawsuit against 3 is the … Source: Claims Journal
Read MoreEvacuation Area Shrinks Near Southwest Washington Fire
CAMAS, Wash. (AP) — Some roads reopened and evacuation zones shrank near a wildfire fed Sunday by gusty winds and low humidity east of Vancouver, Washington, as fire officials got a better handle on fire activity amid weather changes. About … Source: Claims Journal
Read MorePipeline Operator Agrees to $50M California Spill Settlement
SANTA ANA, Calif. (AP) — A pipeline operator has agreed to pay $50 million to thousands of Southern California fishermen, tourism companies and property owners who sued after an offshore oil spill last year near Huntington Beach. A proposed settlement … Source: Claims Journal
Read MoreEnbridge Will Pay $11 Million to Settle Pipeline Violations
ST. PAUL, Minn. (AP) — Enbridge Energy, the owner and operator of the Line 3 pipeline project in northern Minnesota, will pay more than $11 million after investigations identified water quality violations and three aquifer breaches related to the pipeline’s … Source: Claims Journal
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