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Air Lease Says 21 Jets Stranded in Russia
Air Lease Corp. said on Tuesday it has 21 jets remaining in sanctions-hit Russia, two weeks after a Western deadline for global leasing firms to sever ties with the country’s airlines. All of the company’s aircraft leases to Russian airline … Source: Claims Journal
Read MoreFire Destroys Northern California Home Depot Store
SAN JOSE, Calif. (AP) — A weekend fire gutted a Home Depot store in the San Francisco Bay Area, sending up a huge plume of smoke and prompting orders for some nearby residents to shelter in place, authorities said. The … Source: Claims Journal
Read MorePG&E to Avoid Criminal Charges in Settlements Over 2 Major Wildfires
California utility PG&E Corp. has reached settlement agreements with district attorneys representing Northern California counties to avoid prosecution over two major wildfires, with the company agreeing to pay $55 million. “As a result of these agreements, no criminal charges will … Source: Claims Journal
Read MoreN.Y. Appellate Court Upholds Denial of Coverage for Restaurant’s COVID-19 Claim
An insurer has been upheld in its denial of coverage in a first ruling on Covid-19 business interruption insurance by a New York appellate court. The appeals court upheld a New York county court—and said it agreed with various other … Source: Claims Journal
Read MoreThe Cost of Insuring Black Sea Shipping Is Out of Control
The cost of insuring merchant ships sailing to ports in the Black Sea has spiraled out of control, becoming a huge potential impediment to the movement of Russian cargoes from the region. Underwriters are charging as much as 10% of … Source: Claims Journal
Read MoreWalgreens Trial Over its Part in Florida Opioid Crisis Set to Begin
A jury trial accusing Walgreens Boots Alliance WBA.O of contributing to Florida’s opioid addiction epidemic was set to begin on Monday after the pharmacy chain opted not to join a multimillion-dollar settlement by other defendants. The state accuses Walgreens of … Source: Claims Journal
Read More14 Homes Destroyed by Tornadoes this Week in South Carolina
ALLENDALE, S.C. (AP) — Severe storms that moved across South Carolina earlier this week caused at least 13 tornadoes and hail the size of baseballs, emergency officials said. Fourteen homes were destroyed by the tornadoes as they moved through Tuesday … Source: Claims Journal
Read MoreHeat, Wind Hit New Mexico as Crews Battle Blazes
ALBUQUERQUE, N.M. (AP) — Warnings that strong winds and hot and dry weather could produce dangerous wildfires blanketed most of New Mexico on Saturday as crews continued to battle at least two blazes that started as prescribed burns but then … Source: Claims Journal
Read MoreAccounts Deceivable: Email Scam Costliest Type of Cybercrime
RICHMOND, Va. (AP) — A shopping spree in Beverly Hills, a luxury vacation in Mexico, a bank account that jumped from $299.77 to $1.4 million overnight. From the outside, it looked like Moe and Kateryna Abourched had won the lottery. … Source: Claims Journal
Read MoreRural Nebraska Fire Chief Dies in Crash on Way to Wildfire
EDISON, Neb. (AP) — A wildfire in southern Nebraska fueled by dry conditions and strong winds forced the evacuation of the small village of Edison, destroyed several homes and factored into the death of a rural fire chief who was … Source: Claims Journal
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