Posts by Y@DminG

This week marks 25 years since a deadly earthquake struck Southern California’s densely populated San Fernando Valley. The state said at least 57 died in the magnitude 6.7 Northridge quake, but a study issued the following year put the death … Source: Claims Journal

PG&E Corp. told investors repeatedly that weather-related disasters were a risk, but many didn’t pay enough attention until the company was on the brink of bankruptcy. The company included warnings in its regulatory filings and offering prospectuses citing how disasters … Source: Claims Journal

Two Wisconsin wedding barns owners planned to file a lawsuit Tuesday against Gov. Tony Evers’ administration, seeking to ensure that private parties held at such venues don’t need to obtain liquor licenses. The lawsuit being filed Tuesday in Dunn County … Source: Claims Journal

Insured losses from major natural catastrophes in 2018 totaled roughly $71.5 billion, only slightly more than the annual average since 2011 but the third-highest total during the eight-year period, according to the Summary of Natural Catastrophe Events 2018 report, published … Source: Claims Journal

New York Governor Andrew Cuomo proposed banning stretch limousines from the state’s roads as part of a safety crackdown on large for-hire passenger vehicles following the deadliest U.S. transportation accident in nearly a decade. Twenty people were killed in October … Source: Claims Journal

A year after a mudslide swept through a fire-devastated California town, killing 21 people, residents of hundreds homes in burn areas were told to pack up and leave as a Pacific storm threatened potential catastrophe. In Riverside County east of … Source: Claims Journal

Distinguishing between insider and outsider firms is the key to gaining control of insurtech options, according to Wesley Todd, creator of CaseGlide, a collaboration, workflow, and analytics platform for insurance litigation departments. In the second in a series of podcasts … Source: Claims Journal

Most people don’t turn on their car’s headlights and think, I wish they were brighter. Shuji Nakamura is not most people. The Nobel Prize-winning illumination scientist has spent the past five years developing a laser-based lighting system. His company, SLD … Source: Claims Journal

South Carolina lawmakers are once again introducing legislation to legalize marijuana for treatment of critically ill patients in the state, making another go at a debate that has gradually made progress in this deeply red state in recent years. Sen. … Source: Claims Journal

Slow as molasses? This treacle didn’t trickle. It was a sticky, deadly tsunami that flattened an entire Boston neighborhood within seconds. On Tuesday, the city marks the 100th anniversary of its most peculiar disaster – the Great Molasses Flood. It … Source: Claims Journal