Posts by Y@DminG
Florida Faces $1.2 Million Verdict for Killing Citrus Trees
ORLANDO, Fla. (AP) — The owner of a commercial nursery has won a $1.2 million judgment against the Florida Department of Agriculture in the latest verdict against the state agency for destroying citrus trees in the 2000s during an attempt … Source: Claims Journal
Read MoreViewpoint: Automobile Safety Rating System is Failing Consumers
The 5-Star Safety Rating Program that Americans use when shopping for new passenger vehicles “fails consumers” by not including collision-avoidance and other technology in the ratings and is approaching “near irrelevance,” National Transportation Safety Board Chair Jennifer Homendy said. In … Source: Claims Journal
Read MoreUtah Supreme: Denying Claim Over Nude Photos May Cost Insurer Nearly $3M
UMIA Insurance refused to accept an $800,000 settlement in a malpractice suit against a plastic surgeon who shared nude before-and-after photographs of a patient’s body with a Fox News affiliate. The insurer could pay more than three times that amount … Source: Claims Journal
Read MoreMilliman: Black-Lung Liabilities Top $9 Billion as Coal Industry Shrinks
The U.S. coal industry may be shrinking rapidly as the country shifts to renewable energy, but insurers’ and self-insured companies’ liabilities for black-lung occupational disease claims have ballooned – to an estimated $9 billion and perhaps more than $14 billion. … Source: Claims Journal
Read MoreEuropean Gas Jumps as Fire in US Compounds Russia Supply Concern
Europe’s natural gas prices jumped after a fire at a large export terminal in the US wiped out deliveries to a market that’s on high alert over tight Russian supplies. Benchmark futures traded in Amsterdam snapped a six-day falling streak, … Source: Claims Journal
Read MoreDamage Estimates Climb from Massive New Mexico Wildfire
ALBUQUERQUE, N.M. (AP) — The destruction caused by the largest wildfire burning in the U.S. has been devastating for thousands of residents and their lives have been forever disrupted and altered, New Mexico’s governor said Tuesday after touring the damage … Source: Claims Journal
Read MoreFeds: Goodyear Knew of Defective RV Tires as Early as 2002
DETROIT (AP) — Federal investigators say Goodyear knew that some of its recreational vehicle tires could fail and cause severe crashes, yet it didn’t recall them for as many as 20 years. Goodyear wouldn’t recall the tires as late as … Source: Claims Journal
Read MorePolice: New York Anti-Abortion Center Damaged by Arson
AMHERST, N.Y. (AP) — Police are investigating a fire at an anti-abortion center in a Buffalo suburb early Tuesday as a likely arson — one the center’s operators suspect is the work of women’s rights extremists. The fire was reported … Source: Claims Journal
Read MoreClimate-Driven Flooding Poses Well Water Contamination Risks
ST. LOUIS (AP) — After a record-setting Midwestern rainstorm that damaged thousands of homes and businesses, Stefanie Johnson’s farmhouse in Blandinsville, Illinois, didn’t have safe drinking water for nearly two months. Flood water poured into her well, turning the water … Source: Claims Journal
Read MoreMass. Supreme Asked if Insurer Must Reimburse Costs that Prevented Larger Claim
Ken’s Foods says it spared its insurer a potential $10 million pollution claim by spending more than $2 million on mitigation costs. It wants that money back. Steadfast Insurance Co. refuses to pay, saying that the policy it issued to … Source: Claims Journal
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