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Leave it to catastrophe bonds to be among the most well-functioning debt markets out there. Issuance of “cat bonds” has climbed to more than $11 billion this year, about the same as this time in 2017, when sales hit a … Source: Claims Journal

Hurricane Florence is the first major hurricane of the 2018 season, and with Gordon now a tropical depression dumping several inches of rain on the Southeast, it’s safe to say hurricane season is in full gear. Forecasters are predicting three … Source: Claims Journal

Editor’s Note: This article, previously published in 2012, offers evergreen tips on staying safe while adjusting catastrophe losses. Displaced rats, contaminated flood waters, downed electrical wires and unstable flooring are just some of the dangers encountered by workers assessing Sandy … Source: Claims Journal

Florence was slightly weakened but unbowed as it continued to barrel toward the U.S. East Coast on Tuesday, with forecasters saying they expect the storm to soon re-strengthen near Category 5 levels. The hurricane, now packing 130 mile-per-hour winds, remains … Source: Claims Journal

A series of human errors led to a BNSF Railway train striking and killing two railroad workers in South Dakota last year, federal investigators said Thursday. The National Transportation Safety Board released its report Thursday on the Jan. 17, 2017, … Source: Claims Journal

The wealthy stock trader took elaborate steps to conceal the network of tunnels beneath his house in this Washington, D.C., suburb. Even the young man helping him dig them didn’t know where they were. A year ago, a deadly fire … Source: Claims Journal

Under pressure from U.S. safety regulators, Ford is recalling about 2 million F-150 pickup trucks in North America because the seatbelts can spark and cause fires. The recall, which covers trucks from the 2015 through 2018 model years, comes about … Source: Claims Journal

Damage estimates are soaring in southern Wisconsin after weeks of severe flooding and storms destroyed pavement and damaged hundreds of homes. Here’s a look at where things stand: Gov. Scott Walker said the flooding and storms that began on Aug. … Source: Claims Journal

Bowling pins topple, teeter, spin and fly. But this summer they’ve also been charred by flames and soaked with floodwater, while others are headed into retirement. In July, fire destroyed the Friendship Bar & Bowl in Adams County. Meanwhile, in … Source: Claims Journal

A new law banning the use of cellphones while driving went into effect in a Phoenix, Ariz., suburb this month, making it the latest city to attempt regulation rather than wait for a state effort. Surprise officials put an ordinance … Source: Claims Journal