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What Is Employers Liability Insurance?

Property Insurance Coverage Law

Employer’s liability insurance protects businesses from lawsuits filed by employees who have suffered a work-related injury or illness. appeared first on Property Insurance Coverage Law Blog.

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Sweden Seizes Ship Suspected of Sabotage in Baltic Sea

Insurance Journal

Sweden detained a vessel suspected of damaging a subsea data cable connecting it with Latvia, the third such incident in the Baltic Sea in the past three months. The Security Service said it’s conducting a preliminary investigation into the crime …

Crime 269
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Finland Power Grid Operator Asks Court to Seize Oil Tanker Over Cable Damage

Insurance Journal

Finland’s national power grid operator said on Thursday it had asked a Helsinki court to seize the Eagle S oil tanker in a bid to secure the company’s claim for damages related to the breakdown of the undersea Estlink 2 …

Damage 278
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Head of Kentucky Plant Says Company Will Cover Damages After Blast

Insurance Journal

AP) — The president of a Kentucky plant that exploded earlier this week said the company is accountable for the accident and will pay damages to residents affected by the blast. LOUISVILLE, Ky. (AP) “First and foremost, we are devastated by …

Damage 246
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Oil Tanker Linked to Subsea Cable Damage Has Serious Deficiencies, Finland Says

Insurance Journal

Finland’s public transport agency said on Wednesday that an oil tanker suspected of damaging undersea cables in the Baltic Sea has been found to have serious deficiencies and will not be allowed to operate until repairs have been made. Baltic …

Damage 246
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Russia’s Rostelecom Says Baltic Sea Cable Damaged, Tass Reports

Insurance Journal

A Russian underwater cable in the Baltic Sea has been damaged by an unspecified external impact, Tass reported on Saturday, citing the telecommunications provider PJSC Rostelecom. Restoration work is underway and the incident has had no impact on subscribers so …

Damage 147
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Court Says Loose Bolt Remedied by Tightening Does not Constitute “Direct Physical Loss of or Damage” to Property

The Property Insurance Law Observer

American Guarantee and Liability Insurance Company , the United States District Court for the District of Massachusetts held that a loose bolt or fitting that could be remedied simply by tightening it did not constitute “direct physical loss of or damage” to equipment covered under an all-risk property insurance policy. [1]

Damage 130