flood damage compensation News

Vienna Insurance Group AG, Austria’s biggest insurer, reported second-quarter profit plunged after the worst central European floods in a decade caused damage compensation to triple. The shares fell. Pretax profit for the period ending June 30 dropped 69 percent to …

The city of Corinth, Miss., and the Kroger Company have asked a federal judge to dismiss them as defendants in a lawsuit over 2010 flooding at the Kmart in Corinth. Kmart Corporation is seeking compensation for flood damage at the …