Insurance Claims
Coverage of Insurance Claims in the Nexus archive.
- Japan Earthquake Insurance Claims May Exceed $1.1 Billion, BI Estimates
Insurance claims from this week’s earthquake in Japan may exceed the $1.1 billion average for the country’s six previous major tremors, according to Bloomberg Intelligence estimates. The average is based on data from six prior significant earthquakes in Japan.
- Colorado among states with highest wind, hail deductibles
Colorado ranks among states with the highest wind and hail deductibles, as severe hail season and persistent wind have led to increased insurance claims and financial burdens for residents.
- Evacuees face hurdles with insurance claims following Garden Grove chemical tank crisis
Residents forced to evacuate last month after a chemical tank crisis in Garden Grove are struggling to recover out-of-pocket costs, with some insurance claims denied.
- Hearing results a key factor in insurance claims for Wang Fuk Court residents: experts
Wang Fuk Court residents' insurance claims for losses from Hong Kong's deadliest fire depend on an independent committee's findings proving negligence. Experts note ambiguity in government buy-back plan documents regarding residents' rights.
- Government to handle Wang Fuk Court insurance claims under buy-back plan: Hop On
The Hong Kong government will assume responsibility for pursuing insurance claims for Wang Fuk Court residents who sell their fire-damaged flats under a buy-back plan, according to Hop On Management. However, residents remain uncertain about key details regarding the timing and process of their insurance claims.