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LONDON –– Lloyd’s of London underwriters are leading insurers in raising rates and cutting the amount of cover they offer for risks involving Taiwan as concerns grow over possible military action by China, industry sources with knowledge of the matter … Source: Claims Journal

PROVIDENCE, R.I. (AP) — The owner of a Greek oil tanker has been ordered by a U. S. judge to pay $2.25 million in fines and penalties after discharging oily bilge water into the ocean during a trans-Atlantic voyage and … Source: Claims Journal

COPENHAGEN, Denmark (AP) — A dam in southern Norway partially burst Wednesday following days of heavy rain that triggered landslides and flooding in the mountainous region and forced downstream communities to evacuate, officials said. Authorities initially considered blowing up part … Source: Claims Journal

BUSAN, South Korea (AP) — Rains and winds were growing in southern South Korea Wednesday as a tropical storm drew closer to the Korean Peninsula, where it was forecast to slam into major urban areas. Dozens of flights and ferry … Source: Claims Journal

BILLINGS, Mont. (AP) — A health clinic in a Montana town plagued by deadly asbestos contamination has filed for bankruptcy protection after a judge ordered it to pay the government almost $6 million in penalties and damages for submitting false … Source: Claims Journal

HONOLULU (AP) — Wind-whipped wildfires raced through parts of Hawaii on Wednesday, killing 36 people while burning down businesses in a historic town on the island of Maui, forcing evacuations and leading some to flee to the relative safety of … Source: Claims Journal

CEDAR PARK, Texas (AP) — A grass fire near Austin, Texas, spread into trees near an apartment complex and condominiums, destroying one of the buildings and forcing hundreds of residents from their homes. Two people suffered minor injuries in the … Source: Claims Journal

McClenny Moseley & Associates, the embattled law firm that filed thousands of hurricane-damage lawsuits in Louisiana, raised a total of $40 million from private investors, one of its founding partners said during a court hearing on Tuesday. Zachary Moseley provided … Source: Claims Journal

LONDON —Insured losses stemming from natural catastrophes rose to $50 billion in the first half of 2023, the second highest reading since 2011, reinsurer Swiss Re said on Wednesday. Severe thunderstorms accounted for 70% of total insured losses, while the … Source: Claims Journal

COPENHAGEN, Denmark (AP) — Norwegian authorities warned Tuesday to prepare for “extremely heavy rainfall” after Storm Hans caused two deaths, ripped off roofs and upended summertime life in northern Europe. Strong winds continued to batter the region along with rains, … Source: Claims Journal