loss News

Aluminum Fence Stolen From Outside Ohio Church

Thieves have made off with about 300 feet of aluminum fence from outside a church in Cleveland, Ohio. Multiple news outlets report that police are asking scrapyards to be on the lookout for anyone trying to sell aluminum fencing in …

Fire Set at Washington Home Under Construction

A fire Tuesday night at a home under construction in Arlington,Wash., was arson. The city says that fire was set and attempted arsons were discovered at two nearby homes also under construction. Fire Department Deputy Chief Tom Cooper estimates the …

$450,000 Loss in Washington Farm Shop Fire

Losses are estimated at $450,000 in a farm shop fire near Toppenish, Wash., that burned several tractors. Yakima County Fire District No. 5 says the fire started Monday afternoon when gasoline from a vehicle under repair came in contact with …

Share Your Photos with Claims Journal Magazine

Send us your photos! Claims Journal is seeking interesting photos that document a claim or loss incident from pre-loss condition to complete restoration or rehabilitation. Photos could include a pre-disaster and post disaster regional photo as well. Photos may be …

Alabama Woman Pleads Guilty to Making False Claims

A Birmingham woman who falsely claimed she lost her home, her father and her infant daughter in the April 27 tornadoes has pleaded guilty to making a false statement to the government. The woman, 31-year-old Libra Nikosha Green, entered her …

Property Loss Cost Containment Strategies: Cheaper Isn’t Better

How carriers and adjusters respond to property losses can reduce the impact of the claims as well as the costs, according to Lynne Jurek Shannon and Doris T. Bobadilla, defense attorneys with the Galloway, Johnson, Tompkins, Burr & Smith law …

Disasters Drive Lloyd’s of London to H1 Loss

Insurance claims from earthquakes in Japan and New Zealand, floods in Australia and tornadoes in the United States drove Lloyd’s of London to its biggest-ever first half loss, the insurance market said Wednesday. Lloyd’s, which has no connection with Lloyds …

California City Warned of Possible Insurance Loss

State officials have warned the Southern California city of La Puente that it could lose its insurance if elected officials do not start managing the city properly. The Los Angeles Times reported Saturday that the California Joint Powers Insurance Authority, …

Mystery Surrounds Loss of Records, Art on 9/11

Letters written by Helen Keller. Forty-thousand photographic negatives of John F. Kennedy taken by the president’s personal cameraman. Sculptures by Alexander Calder and Auguste Rodin. The 1921 agreement that created the agency that built the World Trade Center. Besides ending …

Bank of America Loses Bid to Dismiss Fraud Claims

Bank of America and two former executives lost a bid on Friday to dismiss securities fraud claims alleging they misled investors about the bank’s 2008 acquisition of Merrill Lynch & Co. U.S. District Court Judge P. Kevin Castel ruled that …