Allianz Wins Order Requiring Other Insurers to Contribute to Defense of Asbestos, Pollution Claims March 26, 2021 By Jim Sams Carriers that insured Freightliner Corp. before it was purchased by Daimler-Benz AG in 1981 — even those that entered into...
VW Doesn’t Have to Face $750 Million U.S. Suit by Supplier March 25, 2021 By Jef Feeley Volkswagen AG doesn’t have to face a $750 million U.S. lawsuit by a unit of parts supplier Prevent Group that...
Lloyd’s of London Could Ditch Pinstripes After Pandemic March 25, 2021 LONDON, March 25 — When the pandemic is over, the brokers of Lloyd’s of London could haggle with underwriters from...
‘Beached Whale’ Ship Could Block Suez Canal for Weeks March 25, 2021 By Yusri Mohamed, Gavin Maguire and Florence Tan ISMAILIA, Egypt — A container ship blocking the Suez Canal like a “beached whale” may take weeks to free, the...
3 Homeowners Win $1.1M From Reno for 2017 Flood Damage March 25, 2021 RENO, Nev. (AP) — A Washoe County judge has ordered Reno to pay $1.1 million to owners of three homes...
Firefighter Trapped in Assisted Living Home Blaze Found Dead March 25, 2021 SPRING VALLEY, N.Y. (AP) — A firefighter who was trapped in a blaze that swept through a suburban New York...
Trapped Sydney Driver Becomes First Flood Disaster Fatality March 25, 2021 By Rod McGuirk CANBERRA, Australia (AP) — A motorist trapped in a car in Sydney on Wednesday became the first fatality of the...
NTSB Calls for More Safety Oversight of Air Tour Operators March 25, 2021 By David Koenig Federal safety officials are making another push for stricter oversight of air tour operators and hot-air balloon rides after several...
Allianz Survey: Business Interruption, Pandemic and Cyber Top Risk Manager Concerns March 25, 2021 By Claims Journal Staff Business interruption was rated as the most dire risk to global businesses in 2020, according to risk management experts in...
Stranded Suez Ship’s Owner, Insurers Face Millions in Claims March 25, 2021 By Carolyn Cohn and Jonathan Saul LONDON — The owner and insurers of one of the world’s largest container ships stuck in the Suez Canal face...