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Traditional Ways of Paying for Fires and Floods Aren’t Cutting It

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Fires and floods are sending some of the nation’s largest utilities to the bond market to cover huge, unexpected bills. California’s PG&E Corp., which was forced into bankruptcy a year ago after its equipment sparked the deadliest wildfire in state … Source: Claims Journal

NOAA Study Says ‘Atmospheric Rivers’ Cause 84% of Flood Damage in the West

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Climate change is spurring a new, deep dive into a complex, little-studied weather system blamed for creating billions of dollars in flood damage across the western U.S. Atmospheric rivers are narrow ribbons of concentrated moisture that originate in the Pacific … Source: Claims Journal

Scammers Hope for Easy Money by Crashing U-Haul Trucks

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Would-be fraudsters in Georgia are increasingly turning to U-Haul trucks with hopes of making a quick buck by staging crashes, insurance regulators say. Many have ended up with arrest warrants and fraud convictions instead. A spokesman for the Georgia Department … Source: Claims Journal

Canada To Impose Speed Limits On Trains Carrying Dangerous Goods After Crash

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OTTAWA/WINNIPEG, Manitoba — Canada said on Thursday it would impose temporary speed limits on trains hauling dangerous goods after a Canadian Pacific Railway Ltd crude oil train derailed and caught fire. The accident, which happened in the early hours of … Source: Claims Journal

Flooding Starts to Abate; 21 People Evacuated to Safety

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SALEM, Ore. — Oregon National Guard troops aboard two helicopters airlifted 21 people to safety on Saturday, and authorities reported a 62-year-old woman who lived in one of the areas hit by floods was missing. Waters covering roads in flood-hit … Source: Claims Journal

Chesapeake Energy, Others Sued for $1M in Fatal Texas Oil-Well Blast

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Chesapeake Energy Corp. and three oilfield service firms were sued by the daughter of a worker who suffered fatal injuries when a Texas oil well exploded in flames last month. The wrongful death suit seeks at least $1 million from … Source: Claims Journal

Coronavirus Cases Outside China “Could be Spark” for Bigger Fire, Says WHO

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BEIJING/GENEVA — The World Health Organization (WHO) said on Monday the spread of coronavirus cases which had no history of travel to China could be “the spark that becomes a bigger fire” as people across China trickled back to work … Source: Claims Journal

Bayer Asks California Court to Reverse $86M Roundup Cancer Verdict

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Bayer AG has asked a California appeals court to overturn an $86 million verdict that found it was responsible for a couple’s cancer caused by its glyphosate-based weed killer Roundup. In a Friday night filing with the California First District … Source: Claims Journal

U.S. Charges Four Chinese Military Members Over Equifax Hack

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The Department of Justice announced charges Monday against four members of China’s People’s Liberation Army for the 2017 hack of Equifax Inc., a breach that exposed the personal information of about 145 million Americans. The announcement by Attorney General William … Source: Claims Journal

Storm Ciara Disrupts European Transport, Soccer Matches

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Hundreds of flights were canceled and trains ground to a halt as Storm Ciara, or Sabine as it’s known in Germany, moved across Europe, shaking parts of the continent with hurricane-strength winds. Gusts in parts of Germany reached 140 kilometers … Source: Claims Journal