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KCC Projects $330M in Insured Losses From Hurricane Grace, Most in Mexico
Insured losses to onshore properties from Hurricane Grace will amount to $330 million, catastrophe risk modeler Karen Clark & Co. said Thursday. KCC said $300 million of those damages occurred in Mexico and $30 million in the Caribbean. Grace made … Source: Claims Journal
Read MoreMexico Finds Possible Remains, Restores Some Oil Production
MEXICO CITY (AP) — Mexico’s state-owned oil company said Tuesday the possible remains of two missing subcontractors had been found on one of its oil platforms in the Gulf of Mexico following a weekend fire. Petroleos Mexicanos said it had … Source: Claims Journal
Read MoreCleanup Begins of Haiti Town’s Earthquake-Crumbled Homes
MANICHE, Haiti (AP) — At the edge of a pile of rubble, Michael Jules plunged an iron bar over and over into the crumbling concrete of his grandmother’s home. A younger cousin squatted at his feet, pulling away debris with … Source: Claims Journal
Read MoreFukushima Nuclear Water to Be Released Via Undersea Tunnel
TOKYO (AP) — The operator of the wrecked Fukushima nuclear power plant said Wednesday it plans to build an undersea tunnel so that massive amounts of treated but still radioactive water can be released into the ocean about 1 kilometer … Source: Claims Journal
Read MoreCrews Struggle to Stop Fire Bearing Down on Lake Tahoe
SOUTH LAKE TAHOE, Calif. (AP) — A California fire that gutted hundreds of homes advanced toward Lake Tahoe on Wednesday as thousands of firefighters tried to box in the flames and tourists who hoped to boat or swim found themselves … Source: Claims Journal
Read More1 Dead as Dump Truck Plows Into Anaheim Apartment Building
ANAHEIM, Calif. (AP) — A dump truck loaded with thousands of pounds of debris veered off a Southern California freeway offramp on Tuesday and slammed into two apartment buildings, killing a resident, authorities said. Shortly after 12:30 p.m., the truck … Source: Claims Journal
Read MoreThe Case of the Bronze Girl and the Secret Garden
The Situation We recently received a claim for an unmarked and unsigned bronze sculpture of a girl holding a birdbath. This sculpture was the central point of a fountain located in a formal garden on a grand drive leading to … Source: Claims Journal
Read MoreOpioid Maker Insys’ Founder, Others Lose Appeals of Convictions
BOSTON — A federal appeals court on Wednesday upheld the jury convictions of Insys Therapeutics Inc founder John Kapoor and four other company officials, over their roles in a scheme to bribe doctors to prescribe addictive opioids and defraud insurers … Source: Claims Journal
Read MoreCOVID-19 Vaccine Approval is ‘Seismic’ Shift For Legality Of Mandates, Experts Say
Formal U.S approval of the Pfizer Inc /BioNTech SE COVID-19 vaccine will make it nearly impossible to successfully challenge mandates by employers, legal experts said. The decision by the Food and Drug Administration to give full approval to the vaccine … Source: Claims Journal
Read MoreWhite House to Tackle Cyber Challenges With Apple, IBM, Insurance CEOs
WASHINGTON — The White House is hosting an event on Wednesday that will bring together the largest U.S. technology companies for a discussion about cybersecurity challenges following a raft of high-profile hacking incidents earlier this year, people familiar with the … Source: Claims Journal
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