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Japan Vows to Bolster Tsunami Reconstruction by 2020 Olympic Games

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Prime Minister Shinzo Abe pledged Thursday to bolster reconstruction efforts in tsunami-hit northern Japan and the wrecked Fukushima nuclear plant ahead of the 2020 Olympic Games. On the eve of the fifth anniversary of the disaster, Abe promised to rush … Source: Claims Journal

Missouri Bar Owner Struggles Financially After 2015 Flood

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Bar owner Scott Coleman once had no problem giving money away. But that was before the flood. The St. Louis Post-Dispatch reports that when a regular walked into his Some Other Place Bar and Grill after disappearing for a few … Source: Claims Journal

Oklahoma Releases Another Plan to Reduce Temblors

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State regulators asked oil and natural gas producers in central Oklahoma to decrease their wastewater disposal operations to try to temper the sharp increase in the number and severity of earthquakes in the energy-rich state. The proposal released by the … Source: Claims Journal

Bad Faith Suits Begin Targeting Coverage Counsel

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A new trend has emerged in which coverage counsel are being sued by third parties for aiding and abetting insurer clients’ bad faith, according to a panel session on the subject hosted by the American Bar Association’s annual Tort Trial … Source: Claims Journal

Volunteer Storm Spotters Help Experts Track Bad Weather in Texas

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Tricia Clarke stood on a Lakeway hilltop, winds threatening to snatch the ball cap from her head, and pointed across miles of rolling, scrub-covered limestone countryside, past the distant blue line of Lake Travis, to a spot nearly 55 miles … Source: Claims Journal

More People Threatened by Sea Level Rise Than Previously Thought

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More people live close to sea coast than earlier estimated, assess researchers in a new study. These people are the most vulnerable to the rise of the sea level as well as to the increased number of floods and intensified … Source: Claims Journal

AIG CEO Frees Up Capital With Swiss Re Risk-Share Deal

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American International Group Inc., the insurer stung by losses on higher-than-expected claims costs, said Swiss Re AG has agreed to take on some of the company’s risks tied to casualty policies. The two-year reinsurance deal will help AIG be more … Source: Claims Journal

Stricter Rules Proposed for Drone Users in Senate Bill

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All U.S. drone operators would for the first time have to prove they understand aviation regulations under broad legislation introduced Wednesday in the Senate. A bill setting policy for the Federal Aviation Administration includes several new drone provisions, including a … Source: Claims Journal

Risk of Being in an Avalanche Drops in Groups of 2 or Less

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Avalanches are the primary hazard for winter backcountry recreationists and cause numerous deaths and injuries annually. As winter backcountry activities increase in popularity, avalanches are a very real risk for adventurers who choose to travel off the beaten path. A … Source: Claims Journal

Farmers Data Outlines Hazards Related to Spring Weather

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The start of spring means it’s the season for wet and often wicked weather, which can be unpredictable and may include sudden, severe and damaging hail storms that homeowners must endure, according to the Farmers Insurance Seasonal Smarts Digest. Farmers … Source: Claims Journal