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Houston Area Getting Little of $1B in Harvey Flood Aid
HOUSTON (AP) — Houston area officials expressed shock and anger on Friday after learning that their communities, which suffered the brunt of damage from Hurricane Harvey, would be getting only a small part of the $1 billion that Texas is … Source: Claims Journal
Read MoreItalian Cable Car Plunges to the Ground, Killing at Least 12
ROME (AP) — A cable car taking visitors to a mountaintop view of some of northern Italy’s most picturesque lakes plunged to the ground Sunday, killing at least 12 people and sending two children to the hospital, authorities said. Rescue … Source: Claims Journal
Read MoreTrucker, 79, Has Covered 4 Million Miles Accident-Free
ALLENTOWN, Pa. (AP) — The last time we saw trucker Don Cook, his career odometer had just rolled over to 3 million miles. He hadn’t had an accident in all that time, and his company, YRC Freight, gave him a … Source: Claims Journal
Read MoreMoody’s Says COVID-19 Impact on P&C Insurance Sector Was ‘Moderate’
Neither COVID-19 nor legislation enacted because of it has seriously harmed the creditworthiness of the property and casualty insurance sector, according to a report released by Moody’s Investors Service on Friday. Businesses have filed about 1,700 business-interruption claims because of … Source: Claims Journal
Read MoreTesla Crash Victim Lauded ‘Full Self-Driving’ in Videos on Tiktok
BERKELEY — A Tesla car driver killed in a recent accident in California praised the automaker’s “full self-driving” features, and posted videos on his apparent Tiktok account, in which he appeared to drive with his hands off the wheel. On … Source: Claims Journal
Read MoreTycoon Slim’s Business in Spotlight After Mexico Train Collapse
MEXICO CITY — Mexican billionaire Carlos Slim’s construction arm Grupo Carso faces scrutiny from accident investigators for the possible role it played in the building of a metro railway line that collapsed this month, killing 26 people. While no officials … Source: Claims Journal
Read MoreHopes Fade for 26 Missing After Barge Sinks in India Storm
NEW DELHI (AP) — Rescuers recovered 12 more bodies on Thursday as hopes faded for 26 people still missing after a barge with 261 onboard sank off Mumbai when a powerful cyclone lashed the region this week, officials said. The … Source: Claims Journal
Read MoreWisconsin High Court Rejects Bull Attack Compensation Claims
MADISON, Wis. (AP) — A man who fell into depression and attempted suicide after he was gored by a bull can’t sue an insurance company for deciding to stop covering his medication, the state Supreme Court ruled Thursday. According to … Source: Claims Journal
Read MoreMichigan Lawmakers Propose $500M to Repair Dams After Breach
LANSING, Mich. (AP) — Michigan lawmakers on Wednesday proposed spending $500 million to repair aging dams a year after a hydroelectric dam failed to hold back floodwaters in the Midland area, causing more than $250 million in damage, draining lakes … Source: Claims Journal
Read MoreCNA Financial Paid $40 Million in Ransom After March Cyberattack
CNA Financial Corp., among the largest insurance companies in the U.S., paid $40 million in late March to regain control of its network after a ransomware attack, according to people with knowledge of the attack. The Chicago-based company paid the … Source: Claims Journal
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