Archive for September 2022

Catastrophe modeler Karen Clark & Co. said Friday that Hurricane Ian will generate nearly $63 billion in losses to private insurers, which would make it the second-most expensive hurricane ever when compared to other estimates. “Hurricane Ian will be a … Source: Claims Journal

A $117 million settlement has been reached with former PG&E Corp PCG.N executives and directors who were accused in alawsuit of lax oversight of the utility’s safety measures prior to the 2017 North Bay and 2018 Camp fires, two of … Source: Claims Journal

Insurers are bracing for a hit of between $28 billion and $47 billion from Hurricane Ian, in what could be the costliest Florida storm since Hurricane Andrew in 1992, according to U.S. property data and analytics company CoreLogic. Wind losses … Source: Claims Journal

COPENHAGEN, Denmark (AP) — NATO said Thursday it would retaliate for any attacks on the critical infrastructure of its 30 member countries as it suggested that damage to two gas pipelines off Denmark and would-be member Sweden in international waters … Source: Claims Journal

BANGKOK (AP) — Water up to waist-high flooded some riverfront neighborhoods and other areas of Thailand on Thursday after a tropical depression dumped heavy rains and knocked down trees, causing at least one death. The heaviest rainfall, about 22 centimeters … Source: Claims Journal

Hundreds of hospital patients were being evacuated from facilities across the Fort Myers region Thursday after damage from Hurricane Ian cut off water supplies. One area hospital began assessing the full damage from ferocious winds that tore away parts of … Source: Claims Journal

BOISE, Idaho (AP) — Authorities are searching for whoever left an unextinguished campfire they say led to the largest wildfire in Idaho this year that has drawn hundreds of firefighters, three of whom died. Wildfire officials said Wednesday that the … Source: Claims Journal

Hurricane Ian left behind swamped cars, capsized boats and flooded neighborhoods across a wide swath of Florida on Thursday as it crossed the peninsula, entered the Atlantic Ocean and regained hurricane strength before turning west toward South Carolina. The hurricane … Source: Claims Journal

The Arizona Court of Appeals recently analyzed a question that often plagues the removal of an insurance bad faith case to federal court: What is the standard to state a claim against an alleged aider and abettor of a bad … Source: Claims Journal

BOSTON (AP) — Federal workplace safety regulators have proposed fining a subcontractor nearly $1.2 million in connection with the death of a worker during the demolition of a downtown Boston parking garage. The worker was operating an 11,000-pound excavator in … Source: Claims Journal