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Storms Blamed in Deaths of 3 in Michigan, Ohio, Arkansas
MONROE, Mich. (AP) — Severe storms that brought damaging winds, heavy rains and flash flooding to parts of the Midwest and the South were blamed for the deaths of three people, including two children in Michigan and Arkansas as well … Source: Claims Journal
Read MoreMd. High Court: No Coverage Owed for Lead Paint Exposure After Policies Rescinded
Insurers that rescinded general liability policies issued to landlords who misrepresented their exposure to lead paint claims owe no coverage to 12 plaintiffs who had not yet obtained final court judgments, Maryland’s high court ruled. The Court of Appeals on … Source: Claims Journal
Read MorePa. Court Loosens Rules on Where Malpractice Cases Can Be Filed
HARRISBURG, Pa. (AP) — Pennsylvania’s highest court on Thursday reversed its own two-decade-old rule that required medical malpractice cases to be filed in the county where the alleged harm occurred, a win for civil plaintiffs and the lawyers who represent … Source: Claims Journal
Read MoreFederal Jury Awards $100M in Stun Gun Fall Paralysis Lawsuit
ATLANTA (AP) — A federal jury in Atlanta has awarded $100 million to a panhandler who fell and broke his neck after a police officer shocked him with a stun gun during a foot chase, news agencies report. Jerry Blasingame … Source: Claims Journal
Read MoreMajor Boston Suburb Finds ‘Forever Chemicals’ in its Water
CAMBRIDGE, Mass. (AP) — The city of Cambridge is temporarily switching the source of its drinking water after finding elevated levels of toxic “forever chemicals” in its water supply, the city said in a statement. The PFAS levels in the … Source: Claims Journal
Read MoreUN Appeals for $160M to Help Pakistan amid ‘Epochal’ Floods
CHARSADDA, Pakistan —The United Nations appealed on Tuesday for $160 million to help Pakistan as army helicopters rescued stranded families and dropped food packages into inaccessible areas following “epochal” rains and flooding. The historic deluge, mainly triggered by abnormal monsoon … Source: Claims Journal
Read MoreMississippi Residents Brace for Flood as River Reaches Crest
JACKSON, Miss. (AP) — People in and around Mississippi’s capital city were bracing for possible flooding as the Pearl River was approaching a crest after last week’s heavy rainfall. Officials said about 100 to 150 homes in the Jackson area … Source: Claims Journal
Read MoreFloods, Other Water-Related Disasters Could Cost Global Economy $5.6 Trillion by 2050
Worsening droughts, storms and torrential rain in some of the world’s largest economies could cause $5.6 trillion in losses to the global economy by 2050, according to a report released on Monday. This year heavy rains have triggered floods that … Source: Claims Journal
Read MoreViewpoint: Calculating Business Interruption Costs in Cyber Claims
While cyber was incorporated in some general liability policies (GL) of the 1980s, the first cyber standalone policy was written in 1997 through American International Group. Though groundbreaking, as it was the first to address cybersecurity, it was a third-party … Source: Claims Journal
Read MoreCalif. Emission-Free Mandate Presents New Risks for Auto Insurers
A state mandate in California that will require all cars sold after 2035 to be emission free presents a formidable challenge for auto insurers to properly price and fully understand the risks presented by electric vehicles. The rule adopted by … Source: Claims Journal
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