85% of insurance claims related to Tai Po fire settled, totalling HK$510 million
Around 85 per cent of insurance claims for damages caused by Hong Kong’s deadliest fire in decades have been settled, with the amount paid out totalling almost HK$510 million (US$65.3 million). The city’s Insurance Authority said on Tuesday that insurers had settled 1,032 claims related to the Tai Po fire that broke out last November,…