Posts by Y@DminG

An insurer has been upheld in its denial of coverage in a first ruling on Covid-19 business interruption insurance by a New York appellate court. The appeals court upheld a New York county court—and said it agreed with various other … Source: Claims Journal

The cost of insuring merchant ships sailing to ports in the Black Sea has spiraled out of control, becoming a huge potential impediment to the movement of Russian cargoes from the region. Underwriters are charging as much as 10% of … Source: Claims Journal

A jury trial accusing Walgreens Boots Alliance WBA.O of contributing to Florida’s opioid addiction epidemic was set to begin on Monday after the pharmacy chain opted not to join a multimillion-dollar settlement by other defendants. The state accuses Walgreens of … Source: Claims Journal

ALLENDALE, S.C. (AP) — Severe storms that moved across South Carolina earlier this week caused at least 13 tornadoes and hail the size of baseballs, emergency officials said. Fourteen homes were destroyed by the tornadoes as they moved through Tuesday … Source: Claims Journal

ALBUQUERQUE, N.M. (AP) — Warnings that strong winds and hot and dry weather could produce dangerous wildfires blanketed most of New Mexico on Saturday as crews continued to battle at least two blazes that started as prescribed burns but then … Source: Claims Journal

RICHMOND, Va. (AP) — A shopping spree in Beverly Hills, a luxury vacation in Mexico, a bank account that jumped from $299.77 to $1.4 million overnight. From the outside, it looked like Moe and Kateryna Abourched had won the lottery. … Source: Claims Journal

EDISON, Neb. (AP) — A wildfire in southern Nebraska fueled by dry conditions and strong winds forced the evacuation of the small village of Edison, destroyed several homes and factored into the death of a rural fire chief who was … Source: Claims Journal

MAURICE, La. (AP) — A Louisiana high school senior who lost her best friend in a head-on collision is on a mission to improve safety on on Highway 167. Emma Hebert and Ramsie Baumgardner both attended North Vermillion High, and … Source: Claims Journal

Some of the most important telematics and fleet management components revolve around having continuous and effective communication, network reliability, reputable service, and streamlined operations, all common knowledge among most fleet operators. Surprisingly then, as much of the nation upgrades to … Source: Claims Journal

There is no longer a need to ponder the “next asbestos” because the current litigation environment and the recent pace of additions to the list of emerging risks and trends in casualty insurance is enough to keep the industry on … Source: Claims Journal