Archive for September 2023

A new Nevada law that takes effect Oct. 1 prohibits liability insurance policies with “eroding limits,” potentially increasing the cost of premiums and reducing availability, insurance experts say. Such policies, also called “wasting,” “burning” or “defense within the limits” policies, … Source: Claims Journal

The commission on Wednesday could not say what the increase would be for the average residential customer. But it is likely to be far less than what PG&E had initially requested — the company had asked for rate increases large … Source: Claims Journal

SYDNEY (AP) — Sydney was blanketed under thick wood smoke for a fourth consecutive day on Thursday due to hazard reduction burns in preparation for the wildfire season. Australia’s most populous city after Melbourne has recorded some of the world’s … Source: Claims Journal

DERNA, Libya (AP) — The Libyan city of Derna has buried thousands of people in mass graves, officials said Thursday, as search teams scoured ruins left by devastating floods and the city’s mayor said the death toll could triple. The … Source: Claims Journal

BOSTON (AP) — Boston firefighter Daniel Ranahan had heard about colleagues getting cancer but he was stunned when doctors discovered a large tumor in his chest. He was only 30 and had been in the Boston Fire Department less than … Source: Claims Journal

CHEBOYGAN, Mich. (AP) — Residents near a northern Michigan paper mill that caught fire Wednesday, prompting the closure of several roads and a lock and dam on a nearby river, have been told to shelter in place until Thursday afternoon … Source: Claims Journal

PORTLAND, Maine (AP) — Days of wild weather that produced torrential rain, flooding, sinkholes and a likely tornado in New England could be a prelude to something more dangerous lurking offshore — Hurricane Lee. Maine was under its first hurricane … Source: Claims Journal

HIGHLAND FALLS, N.Y. (AP) — Alan Oligario`s home is prone to flooding — and he wishes someone had told him before he bought it. His initial flood came in the first year after he bought the house in Highland Falls, … Source: Claims Journal

A mortgage lender accused of violating the False Claims Act by approving government-backed loans that did not meet federal guidelines can seek to recover the $15 million it paid to resolve the allegations from its management liability insurer, the Delaware … Source: Claims Journal

The grounding of a luxury cruise ship off the coast of Greenland on Monday highlighted the irony of touring the fast-warming Arctic on vessels powered by fossil fuels, the main culprit in climate change. But the incident also underscores the … Source: Claims Journal