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11th Circuit Leaves it to Alabama to Decide if Pollution Exclusion Applies to Carbon Monoxide Deaths
National Trust Insurance Co. contends that a pollution exclusion in a policy it sold to an Alabama furnace-repair company excludes coverage for a wrongful death claim caused by carbon monoxide poisoning. The Indiana-domiciled carrier won’t be able to test that … Source: Claims Journal
Read MoreExplainer: How Will Solid-State Batteries Make Electric Vehicles Better?
Solid-state batteries could be game changer for electric vehicles (EVs) by storing more energy, charging faster and offering greater safety than liquid lithium-ion batteries, helping accelerate the shift away from fossil fuel-powered cars. How are they different from liquid lithium-ion … Source: Claims Journal
Read MoreCredit Suisse Preparing Further Insurance Claims for Greensill-Linked Funds
ZURICH — A first insurance claim has been filed and more are being prepared in Credit Suisse’s efforts to recover funds from its insolvent supply chain finance linked to Greensill, the Swiss bank said on Tuesday. The collapse of Credit … Source: Claims Journal
Read MoreIda’s Fury Left a Complex Power Challenge in Louisiana
NEW ORLEANS (AP) — Crews in Louisiana have restored power to nearly 70% of greater New Orleans and nearly all of Baton Rouge after Hurricane Ida, but outside those large cities, getting lights back on is a complex challenge that … Source: Claims Journal
Read MoreEvacuations Lifted for Thousands in Tahoe as Wildfire Stalls
SOUTH LAKE TAHOE, Calif. (AP) — Tens of thousands of people who fled South Lake Tahoe in the teeth of a wildfire were returning home as crews finally managed to stall the advance of flames scant miles from the resort. … Source: Claims Journal
Read MoreLawmakers: Ida Damage Shows Need for Infrastructure Upgrades
WASHINGTON (AP) — Shaken by haunting images of surging rivers, flooded roads and subways and other damage caused by the remnants of Hurricane Ida, lawmakers from both parties are vowing to upgrade the nation’s aging infrastructure network. As the deadly … Source: Claims Journal
Read MoreShortages of Supplies and Workers Will Delay Gulf Rebuilding
Joe Sobol, owner of Big Easy Construction in New Orleans, has bad news for homeowners who’ve been calling about roofs damaged by Hurricane Ida or to get an update on renovations that were scheduled before the storm ripped through the … Source: Claims Journal
Read MoreCrash Victim Recalls Terror After Mississippi Road Collapse
LUCEDALE, Miss. (AP) — A teenager said she could hear the terrifying sounds of other vehicles crashing around — and on top of — the pickup truck where she and her mother were trapped after the truck plunged into a … Source: Claims Journal
Read MorePush for Disclosure Grows as Litigation Financing Becomes More Commonplace
The privacy once enjoyed by investors who finance other people’s lawsuits was rarely questioned before Hulk Hogan brought a media spotlight onto the niche industry by winning a $140 million jury verdict that forced the Gawker website into bankruptcy. When … Source: Claims Journal
Read MoreFloods Sweep Cars Into Sea, Damage Homes in Northeast Spain
ALCANAR, Spain (AP) — Many Spaniards on Thursday counted their losses and damage to homes and businesses caused by flooding produced by intense rain that continued falling over large areas of the country. The flash flooding, dangerous in some eastern … Source: Claims Journal
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