Archive for August 2024
The Growing U.S. Flood Insurance Gap: A Wake-Up Call for the Industry
The flood insurance landscape in the U.S. is facing a significant challenge, with the number of policies in force steadily declining. Despite the increased frequency and severity of storms driven by climate change, fewer properties are being covered by flood … Source: Claims Journal
Read MoreMusk’s Ban on Remote Work at X Beats Disability Bias Claim for Now
A federal judge in California on Wednesday dismissed a lawsuit accusing social media platform X of forcing out workers with disabilities after Elon Musk took over the company and barred employees from working remotely. U.S. District Judge Araceli Martinez-Olguin in … Source: Claims Journal
Read MoreDisney Drops Bid to Have Allergy-Death Lawsuit Tossed Because Plaintiff Signed Up For Disney+
Disney is no longer asking a Florida court to dismiss a wrongful death lawsuit on the grounds that the victim’s family had signed up for its streaming service Disney+. The company filed a notice in Orange County court on Tuesday … Source: Claims Journal
Read MoreLawsuit: Kansas School Employee Locked Teen With Down Syndrome in Closet, Storage Cage
An employee of a rural Kansas school district repeatedly shoved a teenager with Down syndrome into a utility closet, hit the boy and once photographed him locked in a cage used to store athletic equipment, a lawsuit claims. The suit … Source: Claims Journal
Read MoreIs Heat Causing Branches to Fall Off Trees? Scientists Aren’t Sure
In 2003, as Paris sweltered through a heat wave that would go on to kill an estimated 15,000 people across France, one oasis of cooler air remained off limits: the city’s roughly 400 public parks. They were temporarily closed due … Source: Claims Journal
Read MoreCIAB Survey Shows Evidence of Softening Commercial P/C Market Conditions in Q2
Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums … Source: Claims Journal
Read MoreFamily of Woman Killed by Falling Utility Pole to Receive $30M Settlement
COLUMBIA, S.C. (AP) — The family of a South Carolina woman struck in the head and killed by a rotting 70-year-old utility pole will get $30 million through a wrongful death settlement reached Thursday. Electric company Dominion Energy, which installed … Source: Claims Journal
Read MoreHow Mike Lynch’s Luxury Yacht Sank Within Minutes
It was 3 a.m. on Monday and Captain Karsten Börner and his crew were already awake, preparing for an approaching thunderstorm just off the Sicilian coast. Moored behind their schooner was a luxury yacht that carried tech tycoon Mike Lynch … Source: Claims Journal
Read MoreU.S. Firms Warn Against ‘Unprecedented’ Hong Kong Cyber Rules
US firms have warned that proposed cyber regulations could grant the Hong Kong government unusual access to their computer systems, highlighting the latest challenge to Western tech giants in the city. The Asia Internet Coalition, which includes Amazon.com Inc., Alphabet … Source: Claims Journal
Read MoreBMW Recalls Over 720,000 Vehicles Over Short Circuit Concern, NHTSA Says
BMW is recalling 720,796 U.S. vehicles over concerns of a short circuit, the National Highway Traffic Safety Administration said on Tuesday. “An improperly sealed electrical connector on the water pump may be exposed to water and short circuit,” the NHTSA … Source: Claims Journal
Read More