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Posts by Y@DminG

Firm to Pay $2.6M, Stop Making False Timeshare Claims

SEATTLE (AP) — A “timeshare exit” firm accused by the Washington state Attorney General’s Office of misleading customers must refund some of its former clients. The terms of a consent decree filed Tuesday in King County Superior Court say Reed … Source: Claims Journal

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Flooding Threat Hangs Over Thai Capital Bangkok

BANGKOK (AP) — Bangkok and other areas of central Thailand received new warnings of possible major flooding, even as disaster relief authorities said Wednesday the threat had eased in 13 of 30 provinces elsewhere that were lashed by seasonal monsoon … Source: Claims Journal

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NCCI: Workers’ Comp Reserve Redundancy Reaches $14 Billion

Workers’ compensation insurers continue to stow away more money than necessary in reserves, even as reported loss ratios continue to climb, according to a report released Wednesday by the National Council on Compensation Insurance. Coincidentally, also on Wednesday, A.M. Best … Source: Claims Journal

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Thailand Issues New Flood Warnings From Seasonal Rain

BANGKOK (AP) — Officials in Thailand issued fresh warnings Tuesday about flooding caused by seasonal monsoon rains, after at least six deaths were reported in the aftermath of a tropical storm that struck over the weekend. The Department of Disaster … Source: Claims Journal

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Cyclone Damages Indian Crops Just Before Harvesting

MUMBAI — Heavy rains brought by Cyclone Gulab damaged India’s summer-sown crops such as soybeans, cotton, pulses and vegetables just before harvesting in key growing regions, which could reduce production and lift prices, industry officials told Reuters. Lower production could … Source: Claims Journal

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