SEOUL, Aug. 11 (Korea BIzwire) – There are more accidents that occur due to strong wind than heavy rain during typhoons, a South Korean non-life insurer said Thursday. Hyundai Marine & Fire Insurance Co. analyzed some 9,500 car insurance damage claims resulting from typhoons between 2018 and 2022. During this period, the Korean peninsula experienced [...]
SEOUL, July 2 (Korea Bizwire) — Typhoons and heavy rains have left 122 dead or missing and caused some 3 trillion won (US$2.3 billion) worth of property damage over the last decade in South Korea, government data showed Sunday. Of the total casualties, 76 lives were lost in 2020 and 2022, when massive typhoons and [...]
SEOUL, July 30 (Korea Bizwire) – With a searing heat wave scorching South Korea for nearly two weeks, heat damage to agricultural, livestock and fish farmers has been snowballing nationwide, officials said Friday. Seoul and almost all parts of the country have been gripped by a prolonged heat wave that sent daytime highs above 35 [...]
SEOUL, Aug. 9 (Korea Bizwire) — Floods and landslides triggered by heavy downpours in South Korea’s central and southwestern regions have killed 31 people and left 11 others missing in just over a week, forcing more than 6,000 to evacuate, authorities said Sunday. The country remains on high alert as search and recovery efforts continue [...]
SEOUL, Sept. 8 (Korea Bizwire) — At least three South Koreans were reported killed and dozens of others were injured Saturday as Typhoon Lingling made landfall here, bringing heavy rains and strong winds that caused hundreds of minor accidents throughout the nation. A woman in her 70s died after she was knocked over by strong [...]
SEOUL, Dec. 3 (Korea Bizwire) — China’s economic retaliation against South Korea is estimated to have led to some 7.5 trillion won (US$6.8 billion) in losses for the country’s tourism industry, data showed Sunday. According to the data compiled by the National Assembly’s Budget Office, South Korea’s tourism and accommodation industries suffered a sharp decrease [...]
SEOUL, Nov. 16 (Korea Bizwire) — More than 1,500 residents have been left without homes and dozens are injured, with facility damage piling up after a magnitude 5.4 quake struck South Korea’s southeast a day earlier, authorities said Thursday. The rare earthquake, second-strongest since 1978, hit north of the port city of Pohang on Wednesday [...]
SEOUL, May 14 (Korea Bizwire) – If a person gets injured while going home at night after having a company-sponsored dinner party, should this be considered an occupational accident? Judge Choi Moon-soo at the Changwon District Court ruled on April 22 in favor of the plaintiff who demanded that the fall injury he had sustained while coming [...]