Posts by Y@DminG
Never Mind COVID, 2020 Was a Catastrophe for US Insurers
In case you forgot, the year that just passed brought an unprecedented number of catastrophes — not to mention COVID-19. Three insurance industry reports issued this week chronicle just how bad 2020 was for property insurers. CoreLogic released a chronology … Source: Claims Journal
Read MoreUnion Lauds Biden Action on Slaughter Speeds Industry Calls Safe
A major food workers’ union praised President Joe Biden for withdrawing a rule that would have permanently allowed U.S. poultry producers to kill more chickens per minute. Industry trade groups said the speeds were safe. Donald Trump’s administration in its … Source: Claims Journal
Read MoreBankruptcy Judge OKs Weinstein Co. Plan Paying $17M for Sex Abuse Claims
A U.S. Bankruptcy Court judge on Monday approved The Weinstein Co’s liquidation plan, which sets aside $17 million for women who accused co-founder Harvey Weinstein of sexual misconduct. Judge Mary Walrath in Wilmington, Delaware announced her ruling at the conclusion … Source: Claims Journal
Read MoreBoeing 737 MAX to Fly Again in Europe, Angering Some Crash Relatives
PARIS, Jan 25 — Europe is set to lift a 22-month flight ban on the Boeing 737 MAX this week after reviewing submissions by industry experts and whistleblowers, angering relatives of some of the 346 crash victims, who say the … Source: Claims Journal
Read MoreStudy: Less-Lethal Munitions not Advised for Crowd Control
ST. PAUL, Minn. (AP) — Researchers studying injuries sustained by protesters and bystanders in the Twin Cities following the killing of George Floyd say “less-lethal” projectile weapons like rubber bullets are not appropriate for crowd control. University of Minnesota researchers … Source: Claims Journal
Read MoreGeorgia Spends $200K a Year on Indicted Insurance Chief
ATLANTA (AP) — Georgia taxpayers are spending nearly $200,000 a year in salary and benefits for an insurance commissioner who’s been suspended for nearly two years. When Insurance Commissioner John King presented his budget to lawmakers last week, it included … Source: Claims Journal
Read MoreRussian Hack of US Agencies Exposed Supply Chain Weaknesses
WASHINGTON (AP) — The elite Russian hackers who gained access to computer systems of federal agencies last year didn’t need to painstakingly break one-by-one into the networks of each department in order to cause havoc. Instead, they got inside by … Source: Claims Journal
Read MoreProtest Erupts Over Police Car Driving Through Crowd
TACOMA, Wash. (AP) — Protesters set a large fire, damaged buildings and marched with signs late Sunday in response to a police car driving through a crowd in Washington state the day before, leaving at least two people injured. The … Source: Claims Journal
Read More7th Circuit Affirms Conviction of Man Who Torched 7 Mobile Homes, Collected $600K
A federal appellate court on Friday affirmed the conviction of an Indiana man who set fire to seven homes in a rural mobile home park over a nine-year period and collected more than $600,000 in insurance money. A panel of … Source: Claims Journal
Read MoreTÜV SÜD Faces Group Claim In Germany Over 2019 Brazil Dam Collapse
LONDON — German industrial inspector TÜV SÜD is facing a claim for “significant damages” in the first civil lawsuit on German soil over its alleged role in the deadly collapse of a dam in Brazil two years ago. A group … Source: Claims Journal
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