Archive for March 2020
Bosses Panic-Buy Spy Software to Keep Tabs on Remote Workers
The email came from the boss. We’re watching you, it told Axos Financial Inc. employees working from home. We’re capturing your keystrokes. We’re logging the websites you visit. Every 10 minutes or so, we’re taking a screen shot. So get … Source: Claims Journal
Read MoreNew York Gym Chain Sued for Charging Fees Amid Virus Closure
New York Sports Clubs customer claims in a lawsuit she’s still being charged membership fees even after facilities have been shuttered by the coronavirus. The club’s owner, Town Sports International Inc., is making it “virtually impossible” to cancel memberships and … Source: Claims Journal
Read MoreViewpoint: Observations on Climate and Pandemics
Climate and Pandemics COVID-19 is a slowly unfolding catastrophe that poses a serious threat to humanity worldwide. Unlike a tornado, hurricane, or even flood, it is hard to say when the event will end. Unlike heat waves and droughts, it … Source: Claims Journal
Read MoreAnother Restaurant Files Suit to Force Coverage for Virus Shutdown
Two California restaurants has filed a lawsuit against a unit of The Hartford, seeking a declaration that the owner’s commercial insurance policy covers losses caused by a statewide business shutdown ordered to prevent the spread of coronavirus. The lawsuit filed … Source: Claims Journal
Read MoreScooter Companies Pull Out of Cities Worldwide Amid Pandemic
Dockless scooter companies charged into cities in 2018, promising a mobility revolution with cheap, clean rides and billions in venture capital backing. Yet they soon faced roadblocks, including shaky business models, safety concerns, and fast-moving city regulators. At the start … Source: Claims Journal
Read MoreInsurance Market Lloyd’s of London Returns to Profit, Braces For Coronavirus
Lloyd’s of London reported its first annual pretax profit in three years on Thursday, thanks to tighter underwriting and robust investment returns, and signaled it was well prepared to cope with the cost of the coronavirus pandemic. The 330-year-old insurance … Source: Claims Journal
Read MoreCoronavirus-Related Crimes Capitalize on Global Fear, Panic
WASHINGTON — Thieves steal surgical masks. A clinic sells fake COVID-19 tests. Hate groups encourage sick members to infect law enforcement officers. Imposters pose as public health officials. Con artists peddle fake cures and financial scams. As the coronavirus pandemic … Source: Claims Journal
Read MoreU.S. Corporate Crisis Bailouts May Prove Bonanza For Insider Trading, New Study Warns
WASHINGTON/BOSTON — White-collar crime prosecutors and defense attorneys are likely to be busy following a massive economic stimulus package from the U.S. Congress aimed at mitigating the fallout from the coronavirus, according to a new academic study of insider trading. … Source: Claims Journal
Read MoreAs Coronavirus Hits Memorial Services, U.S. Funeral Homes Struggle to Adapt
SAN FRANCISCO — U.S. funeral homes are adapting their businesses to social distancing and the rapidly spreading coronavirus. Like companies across the United States, funeral homes and mortuaries are limiting contact with customers in order to avoid spreading the highly … Source: Claims Journal
Read MorePaul Tudor Jones Sees Regular Virus Testing, Isolation In Future
Billionaire Paul Tudor Jones said workers in the U.S. should start thinking about resuming a different kind of life after the worst of Covid-19 — one with widespread testing and periodic self-isolation. The legendary trader and hedge fund manager, who … Source: Claims Journal
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