Archive for April 2020
Some Insurance Regulators Skeptical About Business Interruption Claims
Insurance commissioners in at least seven states have advised business owners not to get their hopes up if pursuing business-interruption claims. Scott Seaman, a partner with the Hinshaw & Culbertson law firm in Chicago, posted a blog on Friday that … Source: Claims Journal
Read MoreAnalyst Projects COVID-19 Presumption for Work Comp Will Cost $10 Billion
While the potential cost of relaxing a tenet of the workers compensation system to deal with extraordinary circumstances of COVID-19 could top $50 billion, it’s more likely to be one-fifth of that, an analyst reported last week. States like Michigan … Source: Claims Journal
Read MoreMall Shoppers Are Scared to Return When U.S. Stores Reopen
When their doors finally open after mandatory shutdowns, American malls could face another hurdle: consumer fears. Only one-third of American adults surveyed April 20 said that they will feel safe shopping in a mall after stores reopen, according to a … Source: Claims Journal
Read MoreApple Says “No Evidence” iPhone Mail Flaw Used Against Customers
Apple Inc said on Thursday it has found “no evidence” a flaw in its email app for iPhones and iPads has been used against customers, and that it believes the flaw does “not pose an immediate risk to our users.” … Source: Claims Journal
Read MoreInsurers Feel the Heat as Chefs, Trump Join Calls for Payouts
LONDON/NEW YORK — Daniel Duckett, owner of the Lazy Claire patisserie in Belfast, was hoping for an insurance payout of up to 100,000 pounds ($123,460.00) to cover losses during the coronavirus lockdown. Now he fears for the future as he … Source: Claims Journal
Read MoreStopping Virus a Huge Challenge at Crowded Meat Plants
OMAHA, Neb. — Daily reports of giant meat-processing plants closing because workers tested positive for the coronavirus have called into question whether slaughterhouses can remain virus-free. According to experts, the answer may be no. Given that the plants employ thousands … Source: Claims Journal
Read MoreAt Least Five Dead as Storms Hit Oklahoma, Texas and Louisiana
MADILL, Okla. — Severe weather was moving through Mississippi early Thursday after apparent tornadoes tore through parts of Oklahoma, Texas and Louisiana, where five deaths included a trailer factory worker whose body was found a quarter mile from his workplace. … Source: Claims Journal
Read MoreBelgian Port to Test Virus Bracelets Amid Tech Tracing Fears
ANTWERP, Belgium — As the spread of the coronavirus eases and people gradually return to work pondering the impact it might have on their jobs, Europe’s second-biggest port is getting ready to test a device aimed at helping thousands of … Source: Claims Journal
Read MoreConsumer Groups Say Some Auto Insurer Lockdown Rebates Are Too Small
Two consumer groups said on Thursday that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp, are short-changing customers on premium rebates as Americans drive less due to stay-at-home orders aimed at curbing the coronavirus outbreak. … Source: Claims Journal
Read MoreViewpoint: What If You Go Back to the Office and Get COVID-19?
If America is going to restart its economy, at whatever pace, it needs to think about a major roadblock: liability from COVID-19. If a university or workplace reopens, and some employees or students get sick, should they have the right … Source: Claims Journal
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