Archive for May 2023
Norfolk Southern Creates Fund for Homeowners Near Ohio Derailment
Norfolk Southern has recommitted to creating a fund for residents near the site of an Ohio train wreck that would cover any decline in home values since before the derailment earlier this year. In early February, 38 cars derailed in … Source: Claims Journal
Read MoreLexisNexis: Auto Claim Severity Up 35% over Pre-Pandemic Rates
Claim severity for both bodily injury and property damage both increased by 35% since 2019, while collision claim severity has jumped 40%, LexisNexis Risk Solutions says in a new report. The data broker’s 2023 U.S. Auto Insurance Trends report says … Source: Claims Journal
Read MoreHyundai and Kia Thefts Keep Rising Despite Security Fix
Nearly three months ago, Hyundai and Kia unveiled software that was designed to thwart an epidemic of thefts of their vehicles, caused by a security flaw that was exposed on TikTok and other social media sites. So far, it hasn’t … Source: Claims Journal
Read MoreEmergency Declared, Student Missing in New Zealand Floods
WELLINGTON, New Zealand (AP) – Authorities in Auckland declared a state of emergency Tuesday as flooding again hit New Zealand’s largest city. Further north in the city of Whangarei, a high school student was missing after a school group that … Source: Claims Journal
Read MoreShell: Fire that Reignited at Texas Plant is Extinguished
HOUSTON (AP) — Crews have finally extinguished a fire at a Houston-area petrochemical plant that had been burning on and off for days, according to Shell, which operates the plant. Firefighters first responded to the blaze at the Deer Park … Source: Claims Journal
Read MoreRussia’s Wildfire Death Toll Rises to 21 in Ural Mountains
MOSCOW (AP) – The death toll from wildfires in Russia’s Ural Mountains rose to 21 Tuesday, Russian state news agency Tass reported, citing local emergency service agencies. Wildfires have raged in the Kurgan region of the Urals and in Siberia … Source: Claims Journal
Read MoreDam Owner to Pay $1M in Rubber Pollution of Washington River
TACOMA, Wash. (AP) — A company that operates a more than century-old hydroelectric dam near Mount Rainier National Park will pay $1 million after synthetic field turf and its tiny rubber particles spilled into the Puyallup River in 2020. Pierce … Source: Claims Journal
Read MoreUS Busts Russian Cyber Operation in Dozens of Countries
WASHINGTON (AP) – The Justice Department said Tuesday that it had disrupted a long-running Russian cyberespionage campaign that stole sensitive information from computer networks in dozens of countries, including the U.S. and other NATO members. Prosecutors linked the spying operation … Source: Claims Journal
Read More‘Rust’ Movie Medic Gets $1.15 Million Partial Settlement
SANTA FE, N.M. (AP) A New Mexico judge has approved a $1.15 million settlement between a medic who worked on the “Rust” film set and one of several defendants she accused of negligence in the fatal 2021 shooting of a … Source: Claims Journal
Read More4th Circuit Finds Nothing Ambiguous About Bump-Up Exclusion
Whether you call it an acquisition or a merger, the fact that Willis Group Holdings ended up controlling Towers Watson and shareholders filed a lawsuit alleging they were shortchanged triggered a “bump-up” exclusion in a directors and officers policy, a … Source: Claims Journal
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