Archive for May 2020
Claims People: Crawford & Co., Preferred Medical, Beazley and Parts Trader
New CEO, President Take Helm at Crawford & Co. Crawford & Company has appointed Rohit Verma as chief executive officer to replace Harsha V. Agadi, who stepped down as CEO and president , but will return to the company’s board … Source: Claims Journal
Read MoreTrump’s Slaughterhouse Order a Blunt Tool Against Political Risk
President Donald Trump’s unprecedented order to keep U.S. slaughterhouses running is a blunt instrument to stave off a catastrophe threatening his rural base and the voters elsewhere he’ll need to win re-election. The meatpacking closures forced by the pandemic are … Source: Claims Journal
Read MoreCaffeine Bought Online Killed Teen. But is Amazon at Fault?
COLUMBUS — Logan Stiner was just days from high school graduation when his brother found him unresponsive in their family’s home southwest of Cleveland in May 2014. Stiner, 18, died of cardiac arrhythmia and seizure from acute caffeine toxicity, a … Source: Claims Journal
Read MoreBlue Bell Pleads In Ice Cream Listeria Case; Ex-CEO Charged
AUSTIN — A Texas ice cream company has pleaded guilty to distributing contaminated goods and its former CEO has been charged with conspiracy and attempted wire fraud in connection to a 2015 listeria outbreak that left three people dead, federal … Source: Claims Journal
Read MorePG&E to Purge Most of its Board in Fallout From Bankruptcy
BERKELEY, Calif. — PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean slate when it emerges from a bankruptcy case triggered by deadly wildfires ignited in Northern California by the utility’s … Source: Claims Journal
Read MoreDiscounts May Help Cure U.S. Auto Market’s Coronavirus Hangover
Texas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were “almost normal” and he expects bigger customer discounts to help him sell more Dodge … Source: Claims Journal
Read MoreUK Watchdog Goes to Court to Clarify Coronavirus Business Insurance
Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim compensation for disruption caused by the coronavirus pandemic. The Financial Conduct Authority (FCA) also told all insurers to assess whether … Source: Claims Journal
Read MoreWillis: COVID-19 Losses Offset by Reduced Claims for Auto Lines
If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. It not, the industry may be on the verge of an historic catastrophe. A … Source: Claims Journal
Read MoreAmazon Says It Will Risk Loss to Cover Jump in Pandemic Spending
Chief Executive Officer Jeff Bezos normally uses the company’s earnings report to extol the virtues of Alexa or the benefits of Prime. On Thursday, he told investors to hold on tight as his company navigates “the hardest time we’ve ever … Source: Claims Journal
Read MoreHistorian Compares COVID-19 With Past Pandemics
Newswise — George Dehner might take exception to those who say the COVID-19 pandemic is unprecedented. “This pattern of the appearance of a novel infection that spreads pandemics is as old as a human story. Once we began to settle … Source: Claims Journal
Read More