damages News

PERILS Updates Europe Industry Exposure Database for 2012

PERILS AG, the independent Zurich-based company providing industry-wide European catastrophe insurance data, has updated its Europe Industry Exposure Database with revised “market-wide property sums insured for European windstorm for Belgium, Denmark, France, Germany, Ireland, Luxembourg, the Netherlands, Norway, Sweden, Switzerland …

Oilfield Cleanup a Big-Money Dispute in Louisiana

A behind-the-scenes firestorm in Louisiana’s legislative session centers on a big-money, years-long dispute between landowners and the oil and gas industry over how cleanup should be handled of environmental damage from drilling years ago. More than a dozen bills have …

Family of Los Angeles Gang Member Awarded $3M In Lawsuit

The family of a gang member who died in Los Angeles police custody in 2007 has been awarded more than $3 million in a wrongful death lawsuit. The Los Angeles Times reported the civil jury’s award for damages in the …

Tornadoes Injured at Least 8 in San Antonio Area

Officials say at least two tornadoes in the San Antonio area on March 20 damaged about 30 structures and injured at least eight people. Medina County Judge Jim Barden said that four people were hospitalized after the storms, but no …

Michigan Fire Chief: 207 Homes Damaged by Tornado

Officials now say 207 homes were damaged in last week’s tornado in Dexter, Mich., and about 20 will need to be demolished. Dexter Area Fire Chief Loren Yates provided the figures on March 19. Officials initially said the March 15 …

Major Quake Rattles Mexico; No Significant Damage Reported

A major earthquake struck Mexico on Tuesday, unleashing panic as it damaged hundreds of buildings and caused homes in the capital to bounce like “trampolines.” Office workers fled into the street when the 7.4-magnitude quake shook Mexico City for more …

Tropical Cyclone Lua Hits Northwest Coast of Australia as Cat 4 Storm

Following earlier predictions, tropical cyclone Lua came ashore on Australia’s northwest coast, the “Pilbara” coast, as a strong category 4 storm; i.e. wind speeds from 130 to 156 mph – 209 to 251 km/h. It subsequently weakened as it moved …

Jury Makes $432,000 Judgment Against Oregon DHS

A Clackamas County jury concluded the Oregon Department of Human Services was partially responsible for the death of an infant who died in foster care four years ago. The jury also found Wednesday that the child’s father was partly at …

ABI Warns UK Homeowners of Subsidence Risks from Drought

The Association of British Insurers (ABI) is urging homeowners not to worry unnecessarily, but to be aware of the ongoing drought conditions currently afflicting the UK. The extremely dry weather, with little or no rainfall across many parts of the …

$27.2 Billion Lawsuit Against Big Tobacco Starts in Montreal

Canada’s three biggest tobacco companies, all with multinational parents, face C$27 billion (US$27.20 billion) in damages and penalties as the largest civil lawsuit in the country’s history gets underway on Monday. The companies, Imperial Tobacco Canada, JTI-Macdonald Corp and Rothmans …