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Wildfires in Southern Turkey Leave 3 Dead, 58 Hospitalized
ANKARA, Turkey (AP) — Strong winds have fanned two separate forest fires in southern Turkey, killing at least three people and sending over 50 others to the hospital as homes burned down, officials said Thursday. A wildfire that broke out … Source: Claims Journal
Read MoreCyber Insurance Rates Fail to Match Catastrophe Risk-Chubb CEO
Rising prices of insurance against cyber attacks fail to take account of the potential catastrophic effects of a widespread attack, Chubb Ltd. Chief Executive Evan Greenberg said on Wednesday. “The pricing environment is pretty good,” Greenberg said on a conference … Source: Claims Journal
Read MoreReinsurers Not Liable for Defense Costs Exceeding Policy Limits
Two reinsurers that shared part of the risk on a $25 million umbrella policy issued to a New York manufacturer nearly five decades ago are not liable for defense costs in addition to the policy limits, the 2nd Circuit Court … Source: Claims Journal
Read MoreGun Maker Offers $33M to Settle Suit by Sandy Hook Families
HARTFORD, Conn. (AP) — The maker of the rifle used in the Sandy Hook Elementary School shooting has offered some of the victims’ families nearly $33 million to settle their lawsuit over how the company marketed the firearm to the … Source: Claims Journal
Read MoreStudy: Boston’s Subway System Faces Severe Flood Threat
BOSTON (AP) — The Boston area’s subway system faces a severe threat from rising seas over the next 50 years that could cause flooding and cut critical links around the city, according to a new study. The report, written by … Source: Claims Journal
Read MoreDetroit-Area Water Leader Quitting Weeks After Floods
DETROIT (AP) — The head of a regional water agency in southeastern Michigan said Tuesday that she would resign, weeks after thousands of homes were spoiled by sewage backups during a tremendous storm. Sue McCormick didn’t cite the June 25-26 … Source: Claims Journal
Read MoreOfficials: 2 Dead; 7 Injured After Texas Chemical Plant Leak
LAPORTE, Texas (AP) — Two people are dead after a chemical leak Tuesday evening at plant in La Porte, Texas, company officials said. The incident happened about 7:35 p.m. and involved an acetic acid leak at the LyondellBasell facility in … Source: Claims Journal
Read MoreCalifornia, Nevada Governors Tour Site of Massive Wildfire
CARSON CITY, Nev. (AP) — The governors of California and Nevada on Wednesday planned to tour the state line area blackened by one of two massive wildfires that have destroyed dozens of homes in the U.S. West. Cooler weather and … Source: Claims Journal
Read MoreHuge Hailstones Force Shut Italian Highway in Extreme Storm
MILAN (AP) — Hailstones the size of tennis balls temporarily closed a highway in northern Italy and damaged dozens of cars, in an extreme example of a weather phenomenon that an agricultural lobby said Tuesday has intensified in recent years. … Source: Claims Journal
Read MoreClaims People: McLaren’s, Copperpoint, HNRK, Coalition Against Insurance Fraud
McLaren’s TPA Poaches 6 From Broadspire UK Global claims management provider McLarens expanded its third-party administration service with the addition of six new team members in London, all of them from Broadspire. The new hires follow the appointment in May … Source: Claims Journal
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