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Archive for February 2019

Tesla Driver Killed in Crash and Fire in Florida

The driver of a Tesla Model S was killed when his car crashed near Fort Lauderdale, Florida, and erupted in flames. Witnesses told police in Davie, Florida, that the car was traveling 75-to-90 miles per hour (120-to-145 kilometers per hour) … Source: Claims Journal

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U.K. Reinsurer Issues First Terrorism Risk Catastrophe Bond

A U.K. reinsurer has sold the first terror catastrophe bond, giving investors the chance to lock in high yields in return for taking on terrorism risks. The 75 million-pound ($99 million) three-year bond will pay 5.9 percent interest, state-backed Pool … Source: Claims Journal

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Amazon Crash Raises Safety Questions About Cargo Airlines

Passenger airlines in the U.S. have recorded a remarkable period of safety over the past 10 years. Not so the nation’s cargo planes. Five domestically registered aircraft have crashed since 2009 — killing 16 people — including Saturday’s violent plunge … Source: Claims Journal

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Baptisms Go On After Tornado Demolishes Mississippi Church

When it came time for Sunday services at First Pentecostal Church in Columbus, Mississippi, the congregation was ready but the church building had been blown apart by a tornado. So they picked up whatever furnishings they could salvage and held … Source: Claims Journal

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U.S. Makes Little Progress on 4-Year Long Air Bag Inflator Probe

Nearly four years ago, the U.S. government’s highway safety agency began investigating air bag inflators made by ARC Automotive of Tennessee when two people were hit by flying shrapnel after crashes. The National Highway Traffic Safety Administration estimated that 8 … Source: Claims Journal

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