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US insurer class action may signal wave of climate-change suits
2014-05-17 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A major insurance company is accusing dozens of localities in Illinois of failing to prepare for severe rains and flooding in lawsuits that are the first in what could be a wave of litigation over who should be liable for the possible costs of climate change. Farmers Insurance filed nine class actions last month against nearly 200 communities in the Chicago area. It is arguing that local governments should have known rising global temperatures would lead to heavier rains and did not do enough...
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class
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Jury sides with Schnitzer Steel in dispute with its insurer
2014-05-02 19:36:09| Steel - Topix.net
A federal jury in Portland has determined that Continental Casualty Co. and its subsidiary should pay $8.6 million to cover costs incurred by Portland's Schnitzer Steel Industries to comply with regulators who oversee the Portland Harbor Superfund site, according to The Oregonian .
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Jury sides with Schnitzer Steel in dispute with its insurer
2014-04-29 03:50:40| Steel - Topix.net
A federal jury in Portland has determined that Continental Casualty Co. and its subsidiary should pay $8.6 million to cover costs incurred by Portland's Schnitzer Steel Industries to comply with regulators who oversee the Portland Harbor Superfund site .
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steel
sides
dispute
Insurer Problems After the Storm Add To Producer Woes
2014-04-12 05:15:00| Beef
By Heather Hamilton Maude Four months after the Atlas blizzard wreaked havoc on certain areas of the Northern Plains, some producers are facing the prospect of insurance companies refusing to cover storm-related losses. Meanwhile, other insurers are contesting what constitutes drowning, and that impacts whether they will pay claims. Blindsided by insurers read more
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producer
Chinese insurer offers Beijing residents cover against smog
2014-03-18 12:58:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A state-owned Chinese insurer will offer residents of Beijing insurance cover against health risks caused by air pollution, promising to pay out 1,500 yuan ($240) to policy holders hospitalized by smog. The policy, available for 10-50 year olds, will also pay out 300 yuan ($48.56) when the city's official smog index exceeds 300 for five consecutive days, a level considered "hazardous", according to a notice posted on the People's Insurance Company of China (PICC) website (www.epicc.com.cn). Beijing's...
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cover
chinese
residents
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