Monthly Archives: <span>March 2021</span>

COVID-19 Travel Insurance Becoming a Vacation Staple

COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors fall ill from the coronavirus. Airline bookings are on the rise in some regions, driving …

Residents, Business Owners Clean Up After Kentucky Flood

BEATTYVILLE, Ky. (AP) — Standing in the gooey, dank-smelling muck coating the floor of her mobile home in Beattyville, Cindy Spencer considered how she would describe the experience of being flooded out, of losing keepsakes her kids made in school, …

Much of Opal Creek Forest Hit Hard by Beachie Creek Fire

SALEM, Ore. (AP) — One of the most beloved destinations in Oregon looks a lot different following the blowup of the Beachie Creek Fire. Large swaths of the 34,000-acre Opal Creek Wilderness and Recreation Area burned after historic winds turned …

Kentucky Governor Tours Flooded Counties, Promises Help

BEATTYVILLE, Ky. (AP) — Gov. Andy Beshear reiterated his promise to seek federal disaster relief on Friday while touring several flooded counties in Eastern Kentucky, the Lexington Herald-Leader reported. “What I saw was the worst flash-flooding that I’ve seen in …

Casting A Wide Intrusion Net: Dozens Burned With Single Hack

BOSTON (AP) — The SolarWinds hacking campaign blamed on Russian spies and the “grave threat” it poses to U.S. national security are widely known. A very different — and no less alarming — coordinated series of intrusions also detected in …

Setting Up Mobile Homes After Louisiana Storms is Slow-Going

BATON ROUGE, La. — Six months after Hurricane Laura wrecked southwest Louisiana, the Federal Emergency Management Agency still is trying to set up temporary mobile homes for several thousand families who need a place to live, with an estimate the …

5th Circuit: Insurer Liable for Harvey Damage Despite ‘Creative’ Policy Language and ‘Legal Gotcha’

While Hurricane Harvey dumped 60 inches of rain on the Houston area in August 2017, the authority that operates the Lake Conroe Dam opened the floodgates to release water at a rate almost equal to the flow over Niagara Falls. …

CoStar Drops Bid to Purchase CoreLogic, Blaming Rising Rates

CoStar Group Inc. has withdrawn its bid to buy the real estate data firm CoreLogic Inc, according to a statement on Thursday. CoreLogic, the subject of a bidding war in recent weeks, had said earlier that CoStar’s sweetened offer for …

Upstream Tailings Dams Pose Much Higher Stability Risks, Study Finds

The most widespread type of dam used to store mine waste is nearly twice as unstable as the average tailings facility, a global study showed on Friday, highlighting the risk of so-called “upstream” construction techniques which some countries have banned. …

D&O Insurer Ordered to Pay $12M in Dole Corp. Stockholder Flap

The Delaware Supreme Court ruled Wednesday that RSUI Indemnity Co. must pay $12,321,096 to Dole Corp. toward the cost of a legal settlement with former shareholders who alleged they were cheated out of potential profits when executives manipulated the stock …