WILLIAMSTOWN, Ky. (AP) — In a story May 24 about property damage at a Noah's Ark attraction in Kentucky, The Associated Press reported erroneously that flooding caused the damage. The damage was caused by heavy rains over a period of two years.
A corrected version of the story is below:
In the Bible, the ark survived an epic flood. Yet the owners of Kentucky's Noah's ark attraction are demanding their insurance company bail them out after heavy rains caused nearly $1 million in property damage.
The Ark Encounter says in a federal lawsuit that rains in 2017 and 2018 caused a landslide on its access road. The Courier Journal reports the attraction's insurance carriers refused to cover the damage.
The 510-foot-long wooden ark has been a popular northern Kentucky attraction since its 2016 opening. The lawsuit says the road has been rebuilt. The ark was not damaged.
The suit names Allied World Assurance Co. Holdings of Switzerland, its use company and three other insurance carriers.
Ark Encounter seeks compensatory and punitive damages. The Swiss company hasn't responded in court filings.
Booker’s Burlington visit will include discussion of ‘day one’ executive order
Pulse of the voters: Area residents give thoughts on presidential hopefuls, issues
Advisor News
- Estate planning during the great wealth transfer
- Main Street families need trusted financial guidance to navigate the new Trump Accounts
- Are the holidays a good time to have a long-term care conversation?
- Gen X unsure whether they can catch up with retirement saving
- Bill that could expand access to annuities headed to the House
More Advisor NewsAnnuity News
- Insurance Compact warns NAIC some annuity designs ‘quite complicated’
- MONTGOMERY COUNTY MAN SENTENCED TO FEDERAL PRISON FOR DEFRAUDING ELDERLY VICTIMS OF HUNDREDS OF THOUSANDS OF DOLLARS
- New York Life continues to close in on Athene; annuity sales up 50%
- Hildene Capital Management Announces Purchase Agreement to Acquire Annuity Provider SILAC
- Removing barriers to annuity adoption in 2026
More Annuity NewsHealth/Employee Benefits News
Life Insurance News
- AM Best Affirms Credit Ratings of Lonpac Insurance Bhd
- Reinsurance Group of America Names Ryan Krueger Senior Vice President, Investor Relations
- iA Financial Group Partners with Empathy to Deliver Comprehensive Bereavement Support to Canadians
- Roeland Tobin Bell
- Judge tosses Penn Mutual whole life lawsuit; plaintiffs to refile
More Life Insurance News