Archive for March 2023
BNSF Trains Derail in Washington, Arizona; No Injuries
ANACORTES, Wash. (AP) — Two BNSF trains derailed in separate incidents in Arizona and Washington state on Thursday, with the latter spilling diesel fuel on tribal land along Puget Sound. No injuries were reported. It wasn’t clear what caused either … Source: Claims Journal
Read MoreEcuador Earthquake Kills at Least 12, Causes Wide Damage
QUITO, Ecuador (AP) — A strong earthquake shook southern Ecuador and northern Peru on Saturday, killing at least a dozen people, trapping others under rubble, and sending rescue teams out into streets littered with debris and fallen power lines. The … Source: Claims Journal
Read MoreParent of Silicon Valley Bank Seeks Bankruptcy Protection
The parent of Silicon Valley Bank, seized last week by the U.S., is filing for Chapter 11 bankruptcy protection. SVB Financial Group, along with its CEO and its chief financial officer, were targeted this week in a class action lawsuit … Source: Claims Journal
Read MoreSpain: Long-Term Drought to Bring More Heatwaves, Wildfires
MADRID (AP) — Spain has officially entered a period of long-term drought, owing to high temperatures and low rainfall over the past three years, and likely faces another year of heatwaves and forest fires. The country’s Aemet weather agency said … Source: Claims Journal
Read MoreWCRI: Consolidation of Health Care Driving Up Prices in Work Comp
Consolidation of physician services into larger groups owned by hospitals and health care systems is driving up the cost of care in workers’ compensation, according to a new study by the Workers’ Compensation Research Institute. “Medical markets are increasingly concentrated,” … Source: Claims Journal
Read MoreMass. Supreme: No ‘Imbalance of Power’ Means Beating Wasn’t Abuse
An act of physical abuse is not excluded by an abuse and molestation exclusion in a homeowners insurance policy unless the act involves “an imbalance or misuse of power in addition to being physically harmful,” the Massachusetts Supreme Judicial Court … Source: Claims Journal
Read MoreCourt Affirms Insurer, Agent Have Duty of Care But Not Fiduciary Duty in GEICO Case
A licensed insurance agent, and the insurer she represents, owe a duty of care to a customer to explain coverages but neither the agent nor the insurer has a fiduciary duty to an insured under Connecticut law. U.S. District Judge … Source: Claims Journal
Read MoreUniversity Agrees to $14M Settlement in Wrestler’s Death
WILLIAMSBURG, Ky. (AP) — A Kentucky university has agreed to a settlement of more than $14 million over the death of a student wrestler during practice, the institution said in a statement. The settlement reached Wednesday over the death of … Source: Claims Journal
Read MoreCalifornia Storms Flood Strawberry Farms, Others in Valley
As river water gushed through a broken levee, thousands of people in a California farming town were forced to evacuate as their homes were flooded and businesses destroyed. Yet another potential casualty of the powerful rainstorms that drenched coastal California: … Source: Claims Journal
Read MoreCyclone Freddy Wanes After Battering Malawi, Mozambique
BLANTYRE, Malawi (AP) — Cyclone Freddy has dissipated after killing hundreds of people and displacing thousands in Mozambique and Malawi since late last week, although flooding remains a threat in both countries, a regional monitoring center said late Wednesday. The … Source: Claims Journal
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