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Northern Europe Battered by 3rd Major Storm; Deaths Hit 14
LONDON (AP) — Northern Europe was battered by the third major storm in five days, with heavy rains and high winds on Sunday and Monday killing at least two more people, disrupting travel and prompting hundreds of flood alerts across … Source: Claims Journal
Read MoreCOVID Underscores Lack of Whistleblower Protections
FORT WORTH, Texas — Inside a partially completed Amazon warehouse here, workers last summer walked on conveyor belts four stories high without safety harnesses, welders used plasma torches while surrounded by flammable cardboard boxes, and laborers raised metal racks alongside … Source: Claims Journal
Read MoreSurvivor and Body Found on Burning Ferry Off Greek Island
ATHENS, Greece (AP) — Greek emergency workers rescued a Belarussian truck driver Sunday from a burning ferry off the island of Corfu and found the body of a Greek truck driver as they combed the wreckage for missing passengers. The … Source: Claims Journal
Read MorePorsches, Lamborghinis Lost at Sea May Cost VW $155 Million
The cargo ship carrying about 4,000 Volkswagen AG vehicles that caught fire last week could cost the automaker at least $155 million, according to a risk-modeling company’s estimate. Of the roughly $438 million total value of goods aboard the Felicity … Source: Claims Journal
Read MoreDouble-Booked Surgeries Lead to $14.6 Million Settlement
BOSTON (AP) — Massachusetts General Hospital will pay $14.6 million to settle a lawsuit that alleged overbilling for double-booked surgeries that were simultaneously overseen by the same surgeon. It’s the third time since 2019 that the Harvard-affiliated teaching hospital agreed … Source: Claims Journal
Read MoreActuaries: Social Inflation Increased Commercial Auto Claim Costs by $20B Over 10 Years
The insurance industry is ringing alarm bells about the cost of social inflation again, this time with the help of an actuarial analysis that concludes the phenomenon added more than $20 billion to the cost of commercial auto claims over … Source: Claims Journal
Read MoreViewpoint: Satisfying Policy Retentions or Deductibles with Other People’s Money
Simply stated, insurance policy deductibles or retentions are a dollar threshold that must be satisfied before an insurer will pay any defense or indemnity costs on a claim.[1] Many insureds seek to contain their insurance premium costs by purchasing policies … Source: Claims Journal
Read MoreBrazil Mudslide Death Toll Reaches 105, With Dozens Missing
PETROPOLIS, Brazil (AP) — Rio de Janeiro state’s government has confirmed 105 deaths from floods and mudslides that swept away homes and cars in the city of Petropolis. But even as families prepared to bury their dead, it was unclear … Source: Claims Journal
Read MoreBurning Cargo Ship is Adrift in Mid-Atlantic Without Crew
LISBON, Portugal (AP) — A burning car transport ship drifted in the mid-Atlantic on Thursday after the huge vessel’s 22 crew members were evacuated due to the blaze, the Portuguese navy said. Shipping in the area was warned that the … Source: Claims Journal
Read MoreFire Burns At Oakland Hills Golf Club in Suburban Detroit
BLOOMFIELD TOWNSHIP, Mich. (AP) — Firefighters battled a blaze at a more than century-old country club Thursday in suburban Detroit that’s hosted several major golf tournaments and is one of Michigan’s most exclusive golf clubs. Crews worked to douse flames … Source: Claims Journal
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