Posts by Y@DminG
Hyundai, Kia Urge US Court to Reject Cities TikTok-Inspired Theft Lawsuits
WASHINGTON –– Korean automakers Hyundai Motor and Kia Corp. on Tuesday asked a U.S. judge to reject lawsuits filed by 17 cities for failing to install anti-theft technology in millions of their vehicles. The lawsuits come after thousands of Hyundai … Source: Claims Journal
Read MoreMo. Jury Awards $745M in Death of Woman Struck by Driver who Used Inhalants
CLAYTON, Mo. (AP) — A Missouri jury has awarded $745 million to the parents of a young woman killed on a sidewalk outside an urgent care center by a driver who huffed nitrous oxide canisters right before the accident. The … Source: Claims Journal
Read MoreGeorgia Counties Are Declared Eligible for Federal Disaster Aid After Hurricane Idalia
ATLANTA (AP) — An additional 25 counties in Georgia are now eligible for federal funding to help with cleanup after Hurricane Idalia, state officials announced. Governments and electric cooperatives in the counties will be eligible for federal aid to pay … Source: Claims Journal
Read MoreExplosion, Fire at Archer Daniels Midland Facility in Illinois Injures 8 Employees
DECATUR, Ill. (AP) — An explosion and fire at an Archer Daniels Midland facility in Illinois injured eight employees and sent a tower of smoke into the air Sunday evening, officials said Monday. The explosion occurred shortly after 7 p.m. … Source: Claims Journal
Read MoreLibyan Prime Minister: 2,000 People Believed Dead in Flooding
CAIRO (AP) — At least 27 people were reported dead Monday in flooding in eastern Libya, but one of the country`s leaders said as many as 2,000 or more are feared dead after Mediterranean storm Daniel caused devastating floods over … Source: Claims Journal
Read MoreDozens of Remote Moroccan Villages Struggle in Aftermath of Devastating Earthquake
TAFEGHAGHTE, Morocco (AP) — The toll of the massive earthquake that devastated Morocco could be seen Monday in dozens of remote villages such as Tafeghaghte, where more than half of the 160 inhabitants are thought to have died. With most … Source: Claims Journal
Read MoreViewpoint: Recovery of In-House Repair Costs and Loss of Use
One of the most heavily contested types of subrogation cases we encounter involves recovery of the reasonable cost of repairs performed in-house by a commercial fleet, trucking company, auto dealership, or rental car company whose vehicle has been damaged due … Source: Claims Journal
Read MoreClimate Change Is Causing an Insurance Crisis in Louisiana
A little over a year ago, Peter Gardner, a Louisiana developer, completed rehabbing an apartment building with 144 units and got a surprise so ugly it made him decide to move his business out of town. When the project began, … Source: Claims Journal
Read MoreInsurance Industry Should Expect $100 Billion in Catastrophe Losses Every Year: Verisk
Total global insured losses from natural catastrophes of more than $100 billion a year may be less newsworthy than in the past. In fact, the industry should expect loss totals of at least $100 billion every year, according to models … Source: Claims Journal
Read MoreGreek Authorities Say a 77-Year-Old Man 11th Victim of Flooding, 6 Missing
ATHENS, Greece (AP) — The body of a missing 77-year-old man was found Saturday, raising the death toll from floods in central Greece to 11, authorities said. The number of missing increased to six, but there could be more. The … Source: Claims Journal
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