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The Long Tail of Pandemic-Related Global Insurance Disputes
As the COVID-19 pandemic began to spread around the world last year, businesses faced unprecedented certainty and disruption, leading to a wave of insurance coverage disputes. Roughly a year and a half later, we are beginning to get some clarity … Source: Claims Journal
Read MoreCompany Sues Mom of Dead Boys Over Husband’s Life Insurance
GAINESVILLE, Fla. (AP) — An insurance company is suing the mother of two boys killed by her estranged husband over a $4 million life insurance payout which claims she may not have been legally entitled to receive. Meanwhile, she is … Source: Claims Journal
Read MoreCanada Struggles to Reach 18,000 Stranded by Flood Waters
ABBOTSFORD, British Columbia — Canada was still trying to reach 18,000 people stranded on Thursday after floods and mudslides destroyed roads, houses and bridges in what could be the costliest natural disaster in the country’s history. Receding flood waters were … Source: Claims Journal
Read MoreIran-Backed Hackers Accused of Targeting Critical US Sectors
WASHINGTON (AP) — Hackers linked to the Iranian government have been targeting a “broad range of victims” inside the United States, including by deploying ransomware, according to an advisory issued Wednesday by American, British and Australian officials. The advisory says … Source: Claims Journal
Read MoreLawsuit: Florida Condo Collapse Triggered by Building Work
Construction of a luxury building next door triggered the collapse of an already fragile Florida condominium that killed 98 people in June, according to a new lawsuit. The lawsuit, filed late Tuesday on behalf of Champlain Towers South victims and … Source: Claims Journal
Read MoreBill Gates Venture Picks Wyoming City For Sodium Nuke Plant
CreplaceENNE, Wyo. (AP) — A small city in the top U.S. coal-mining state of Wyoming will be home to a Bill Gates-backed experimental nuclear power project near a coal-fired power plant that will soon close, officials announced Tuesday. Bellevue, Washington-based … Source: Claims Journal
Read MoreCyclist Paralyzed in Crash to Get $24M Payout From San Diego
SAN DIEGO (AP) — San Diego has agreed to a nearly $24 million settlement with a cyclist paralyzed seven years ago when a car driven by an intoxicated driver collided with him on a blind turn. The City Council approved … Source: Claims Journal
Read MorePipeline Firms Scramble to Restore Service After British Columbia Floods, Gas Prices Spike
CALGARY, Alberta — Energy infrastructure companies were scrambling on Wednesday to restore pipelines in British Columbia that were shut down by catastrophic flooding, as natural gas prices in the region spiked higher and fears of gasoline shortages grew. Canada’s westernmost … Source: Claims Journal
Read MoreClaims People: NARS, IAT, Brush Country Claims and Cohen Ziffer
IAT Appoints Claims Chief IAT Insurance Group, a specialty property and casualty insurer headquartered in Cheshire, Conn., has appointed Trent Haas as chief claims officer. “Trent has claims experience across a variety of lines, including property (homeowners and commercial), general … Source: Claims Journal
Read MoreJPMorgan Sues Tesla For $162M After Musk Tweets Soured Warrant Deal
NEW YORK–JPMorgan Chase & Co has sued Tesla Inc for $162.2 million, accusing Elon Musk’s electric car company of “flagrantly” breaching a contract the two corporate giants agreed in 2014 relating to warrants Tesla sold to the bank. Warrants give … Source: Claims Journal
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