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The Case of the Sea Unicorn’s Tusk
Our Select specialists are often called in to assist in the valuation of some of the most esoteric items one can imagine. In this case, we were called in to appraise an item out of legend – the tusk of … Source: Claims Journal
Read MoreReinsurers’ Catastrophe Defenses Weakened by Hedge Funds
It won’t take another Hurricane Katrina for reinsurers to face losses from covering the cost of storms and earthquakes. Competitors such as hedge funds have eroded prices so much that a typical year of claims could move the industry into … Source: Claims Journal
Read More2 Oklahoma Suits Alleging Drilling Caused Quakes Dismissed
Oklahoma residents have agreed to dismiss two lawsuits claiming several drilling companies triggered earthquakes that damaged homes. Brenda Lene and Jon Darryn Lene filed a lawsuit against multiple companies in February. The couple alleged that wastewater disposal wells caused earthquakes … Source: Claims Journal
Read MoreLink Between Synthetic Turf Fields and Student Athlete Illnesses Considered
Their son is gone. Luke Beardemphl, a standout Tacoma soccer player during his years at Stadium High School, died last year at 24, following a seven-year battle with Hodgkin’s lymphoma. But Luke’s parents, Mike and Stephanie Beardemphl, now worry about … Source: Claims Journal
Read MoreCalifornia Fire Damage Teams Assess Wildfire Damage
In the aftermath of a wildfire, somebody has to figure out exactly what burned. It’s painstaking and important work that helps evacuated residents know if they lost everything or have something waiting for them when they return home. Officials estimate … Source: Claims Journal
Read MoreHomeowners, Businesses Ponder How to Deal With Flood Damage
With up to $150,000 in flood damage to his southeast Louisiana car repair shop and no flood insurance, Lap Nguyen wasn’t sure how he was going to repair his life. He’s spent the past few days cleaning out Gonzales Car … Source: Claims Journal
Read MoreFew Iowa Drivers Punished for Passing Stopped School Buses
Fewer drivers are receiving the tough penalties Iowa lawmakers approved in 2012 for illegally passing school buses when they are stopped. The Des Moines Register reports that the number of people charged with violating the school bus law has declined, … Source: Claims Journal
Read MoreBusiness News: BSI, American Integrity
BSI Acquires Atrium British Standards Institution (BSI), the business standards company, has acquired Reston, Virginia-based Atrium Environmental Health and Safety Services LLC to expand its environmental health and safety (EHS) Services and Solutions footprint to the US East Coast. The … Source: Claims Journal
Read MoreTexas Researchers Offer Faster Method to Rebuild Disaster Destroyed Homes
Texas legislators are investigating the benefits of RAPIDO, a pilot program developed with recommendations from Texas A&M University’s Hazard Reduction and Recovery Center (HRRC), that dramatically reduces the time it takes to rebuild homes destroyed by natural disasters. The Texas … Source: Claims Journal
Read MoreUber Acquires Self-Driving Truck Startup Otto, Announces Volvo Alliance
Ride service Uber Technologies Inc said on Thursday it has acquired the self-driving trucks startup Otto, and it also announced that Volvo Car Group has agreed to a $300 million alliance to develop self-driving cars. Anthony Levandowski, one of Otto’s … Source: Claims Journal
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