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The value of BP Plc’s settlement with the U.S. government and five Gulf states over the Deepwater Horizon oil spill rose to $20.8 billion in the latest tally of costs from the U.S. Department of Justice. The settlement is the … Source: Claims Journal

A dangerous rainstorm drenching the East Coast brought more misery Sunday to South Carolina – cutting power to thousands, forcing hundreds of water rescues and closing “too many roads to name” because of floodwaters. Early Sunday, emergency management officials sent … Source: Claims Journal

QBE North America announced the appointment of Walter Grote as SVP, Commercial P&C on Friday, October 2. He will be based in the Chicago office. In this national role, Grote is responsible for leading QBE’s commercial lines insurance business which … Source: Claims Journal

Esurance, the direct-to-consumer insurance company, announced a new mileage-based insurance offering called Esurance Pay Per Mile, available first to Oregon drivers. Almost a quarter of Portland’s 300,000 plus workers ride transit, bike or walk to their jobs. The new product … Source: Claims Journal

A wrongful death lawsuit filed against gun maker Remington by families of some Newtown school massacre victims has been sent from federal court back to state court, where it may have a better chance of succeeding. U.S. District Judge Robert … Source: Claims Journal

U.S. Sen. Charles Schumer is warning that a lack of funding to the National Oceanic and Atmospheric Administration’s budget could lead to big problems with the nation’s weather satellites when the next big storm hits. The New York Democrat said … Source: Claims Journal

In Iowa, one of the largest U.S. egg processors has started to buy foreign supplies for the first time. Elsewhere in the Midwest, a free-range egg producer says it may build automatic car washes to scour vehicles accessing its 60 … Source: Claims Journal

A bipartisan group of state lawmakers is moving to dramatically restructure compensation rules for people wrongly convicted in Wisconsin, introducing a bill Thursday that would raise the maximum payout from $25,000 to $1 million and remove exonerees’ cases from the … Source: Claims Journal

Concerns about the world’s most popular herbicide continue to mount, as U.S. agricultural experts note spreading weed resistance to glyphosate. As the key ingredient in Monsanto Co’s Roundup herbicide products as well as about 700 other products, glyphosate is widely … Source: Claims Journal

Latest claims costs data reveals wide discrepancy on costs associated with cyber losses. More than $75.5 million has been spent on cyber claims losses as reported in the latest Cyber Claims Study published by NetDiligence, a cyber risk assessment and … Source: Claims Journal