Posts by Y@DminG

LVIV, Ukraine –– Ukraine, a major producer of grain, oilseeds and steel products, will guarantee insurance payments to cargo vessels damaged in hostilities on its stretch of the Danube, according to the government decision published on Friday. Ukraine exports almost … Source: Claims Journal

People who owned units in a Florida oceanfront condominium building that collapsed last year will divide $83 million for property losses, with the compensation for families over the 98 deaths still to be determined, a judge ruled Wednesday. The money … Source: Claims Journal

A line of severe storms packing isolated tornadoes and high winds ripped across the Deep South overnight — killing at least two in the Florida Panhandle, toppling trees and power lines and leaving homes and businesses damaged as the vast … Source: Claims Journal

SEVIERVILLE, Tenn. (AP) — Firefighters sought to get a handle Wednesday on a wildfire spreading near Great Smoky Mountains National Park in Tennessee, amid mandatory evacuations as winds whipped up ahead of a line of strong storms forecast to move … Source: Claims Journal

A retired San Jose Police officer was sentenced to three years in jail for cheating insurers and exploiting workers for his side security business, the Santa Clara County District Attorney’s Office said. Morgan Hill resident Robert Foster, 48, was convicted … Source: Claims Journal

WASHINGTON —Wall Street’s watchdog on Wednesday unveiled a draft new rule to enhance blank-check company investor disclosures and to strip them of a legal protection critics argue has allowed the shell companies to issue overly optimistic earnings projections. The move … Source: Claims Journal

LONDON –– Insurers face potential multi-billion dollar claims for cyber attacks related to Russia’s invasion of Ukraine, despite policy wording designed to get them off the hook for war, industry sources say. Following the Feb. 24 attack on Ukraine and … Source: Claims Journal

LONDON — S&P Global sees losses in the speciality insurance market of $16-35 billion from the Russia-Ukraine conflict, the ratings agency said on Thursday. This includes possible aviation insurance losses totalling $6-15 billion, S&P said in a report. Other speciality … Source: Claims Journal

NASHVILLE, Tenn. (AP) — The moment nurse RaDonda Vaught realized she had given a patient the wrong medication, she rushed to the doctors working to revive 75-year-old Charlene Murphey and told them what she had done. Within hours, she made … Source: Claims Journal

SPRINGDALE, Ark. (AP) — Severe storms injured seven people, damaged buildings and downed power lines in northwest Arkansas early Wednesday as tornadoes and hurricane-force winds were forecast in much of the Deep South, a week after a twister hit the … Source: Claims Journal