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Archive for August 2023

AP Reveals Problematic Dams in US, but Not New Jersey

TRENTON, N.J. (AP) __ A more than two-year investigation by The Associated Press identified scores of problematic dams nationwide, but New Jersey is excluded from the analysis because the state did not fully respond to the records requests. The investigation … Source: Claims Journal

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Allstate Posts Bigger Loss as Catastrophe Claims Rise

Insurer Allstate Corp. posted a bigger-than-expected quarterly loss on Tuesday as claims related to higher catastrophic events offset gains from strong investment income. The insurer’s adjusted second-quarter loss widened to $4.42 per share from 75 cents a year earlier. Analysts … Source: Claims Journal

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