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Purdue Pharma LP’s deal to escape thousands of lawsuits over its role in the U.S. opioid crisis may provide less than half the $10 billion that the closely held drugmaker projected in its Chapter 11 filing, said three people familiar … Source: Claims Journal

Imelda’s rains have largely left Houston, but the city and the surrounding region are reeling from the fallout. Much of the area remains flooded, with homes and businesses damaged, hundreds of abandoned cars left on highways, water systems compromised and … Source: Claims Journal

As central banks and financial institutions come to terms with climate risks, they are increasingly seeking data and analysis from private providers that “may be operating outside the bounds of scientific merit,” according to Jesse Keenan, a climate risk and … Source: Claims Journal

Lori Rittel is stuck in her Florida Keys home, living in the wreckage left by Hurricane Irma two years ago, unable to rebuild or repair. Now her best hope for escape is to sell the little white bungalow to the … Source: Claims Journal

The 2019 Atlantic Hurricane Center has been challenging the ground rules for an insurance industry organization that dispatches pilots to take aerial photographs immediately after natural disasters. Usually, the Geospatial Intelligence Center doesn’t deploy aircraft or staff unless a Category … Source: Claims Journal

HOUSTON — Energy infrastructure on the U.S. Gulf Coast was hit hard by Tropical Storm Imelda on Thursday, as flooding forced a major refinery to cut production and a key oil pipeline, terminals and a ship channel in Texas were … Source: Claims Journal

NEW YORK — Climate change has led to deadlier wildfire seasons in the American West and more severe hurricanes and storms barreling up the Southern and Eastern coasts. The dramatic weather frequently knocks out power, leading some residents of storm-ridden … Source: Claims Journal

IOWA CITY, Iowa — Board members of an Iowa government insurance program have frequently held public meetings at posh out-of-state resorts, costing tens of thousands of dollars while making it harder for the public to attend, a review by The … Source: Claims Journal

LONDON — By the time David Kaisel got back from selling his flour at a farmers’ market, a wildfire in California’s Capay Valley had burnt both his tractor and the shipping container where he kept some tools. His insurer is … Source: Claims Journal

Tesla Inc.’s Model 3 earned a coveted Top Safety Pick+ award from the Insurance Institute for Highway Safety, after the sedan performed better in a crash test than the Model S. The Model 3 earned “good” crash ratings in each … Source: Claims Journal