insurance payment News

Bankrupt Philadelphia Refinery Expects $50M Advanced Insurance Payment

Insurers of a fire-damaged Philadelphia refinery have indicated they would make a $50 million initial advance payment in connection with a June blaze that led to the plant’s closure, court documents showed. The infusion of funds would buy cash-strapped Philadelphia …

South Dakota Storm-Collapsed Facility Rebuild to be Funded by Insurance

City leaders in Spearfish, S.D., have approved the construction of a $5.8 million facility to replace a city-owned call center that collapsed during a blizzard last year. The City Council this week also signed a seven-year lease with Iowa-based TMone …

Fire-Damaged Iowa Lodge $1.6M Rebuild Begins

A Bettendorf contractor is ready to begin work rebuilding the fire-damaged Credit Island Lodge in Davenport, Iowa. Public Works director Mike Clarke told the Quad-City Times that Swanson Construction has “mobilized to the site” and is putting together a construction …

Insurance Payment Absent After Ohio Treasurer Crash

Ohio Republican Josh Mandel’s federal campaign committee has yet to report receiving an insurance check for a vehicle disabled in a March wreck, an Associated Press review of campaign finance filings shows. The absence of a reported payment months after …

Missouri State University Receives $1M Insurance Check From Theft

Missouri State University has recouped most of the nearly $1.2 million that was stolen from its bookstore. The Springfield News-Leader reports that the school has received a $1 million insurance check. University President Clif Smart says the check doesn’t negate …

Insurance to Pay for New $120M Acid Plant at LSB’s Arkansas Site

An Oklahoma City-based company says it will build a $120 million nitric acid plant at a chemical facility in El Dorado, Ark., that was the site of an explosion in May. LSB Industries Inc. announced Tuesday that the company signed …

Mississippi Museum Gets City’s Help to Stay Open

The Biloxi City Council has voted 6-1 to support the Ohr-O’Keefe Museum of Art. Mayor A.J. Holloway said after Thursday’s vote he won’t veto the Ohr funding. The Sun Herald reports the council approved paying the minimum insurance on the …