CZECH REPUBLIC: Ice storm hits rail operators and insurers but has little impact on manufacturers or construction firms

4 December 2014 —
An ice storm that has affected the Czech Republic in the last couple of days has hit insurers and rail operators, with the latter providing compensation to passengers, but has had little impact on manufacturing and construction firms.

Insurance companies said on Tuesday evening, around 24 hours after the ice storm first arrived in many parts of the country, that they had registered an increase of claims in the tens of percent, the Czech News Agency reported.

In most cases the claims related to minor damage to the bodies of motor vehicles, often due to a failure on the part of drivers to maintain sufficient distance from other vehicles.  Read the full story CZECH REPUBLIC: Ice storm hits rail operators and insurers but has little impact on manufacturers or construction firms
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