Will insurance cover damage in Boston?
Stores, restaurants, and other companies that suffered property damage or lost income due to the Boston bombings may not get insurance payouts if the attack is officially declared an act of terrorism by federal officials. After the 9/11 attacks, insurance companies changed most business policies to exempt losses stemming from terrorism unless the customer pays extra for terrorism coverage.
The Wall Street Journal
Metal from 9/11 plane found
A 5-foot-long piece of twisted metal from one of the planes that flew into the World Trade Center on 9/11 was just found last week several blocks away from the towers’ location. The piece—a motorized part of a wing flap—was wedged into an 18-inch-wide space between a luxury apartment building and the planned “Ground Zero’’ mosque that caused protests in 2011.
NewYork Daily News
The financial toll of disaster relief
The federal government spent at least $136 billion on disaster relief between 2011 and 2013, according to a new report. That includes $55 billion on general relief and flood insurance, and $27 billion on crop insurance related to droughts. Extreme weather events now cost the U.S. an average of $80 billion a year—about $400 per U.S. household.
The Washington Post
Deadly hospital infections
One in 20 patients admitted to U.S. hospitals picks up an infection they didn’t have when they arrived. Those infections cause the deaths of 100,000 people a year.