Archive for July 2020

LONDON — The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business interruption claims, the Bank of England said, as a court prepares to rule on whether existing policies cover big losses … Source: Claims Journal

Six movie theater chains, including AMC Entertainment, Cinemark and Regal Cinemas, have sued New Jersey Governor Phil Murphy for refusing to let them resume operations, even after allowing churches, retailers and indoor shopping malls to reopen during the coronavirus pandemic. … Source: Claims Journal

The 2019 flooding of the Mississippi, Missouri and Arkansas Rivers in the United States impacted 19 states and caused $20 billion in losses. Waters in Baton Rouge, Louisiana stayed above flood levels for 211 days, longer than any flood in … Source: Claims Journal

Bayer AG’s plan for handling future Roundup cancer claims hit a snag when the judge asked to oversee the yet-to-be filed lawsuits over the popular weedkiller expressed skepticism about the proposal’s legal validity. U.S. District Judge Vince Chhabria wrote in … Source: Claims Journal

Toyota Motor Corp. will extend its factory stoppage through part of Wednesday as the impact of heavy rains in southern Japan continues to ripple through manufacturing facilities in the region. Toyota Kyushu’s Miyata, Karita, Kokura plants will remain closed Wednesday … Source: Claims Journal

BOSTON/DENVER — Large investors in the Dakota Access Pipeline, including Phillips 66, could be on the hook for hundreds of millions in payments, after a U.S. court on Monday ordered the shutdown of the major artery. The U.S. District Court … Source: Claims Journal

SAN FRANCISCO — Firefighters scrambled to douse grass and structure fires sparked by illegal Fourth of July fireworks across California. The city of San Francisco saw at least 100 fires between 3 p.m. and 11:30 p.m. Saturday, the San Francisco … Source: Claims Journal

PASADENA, Md. — A large tree toppled onto a detached garage in a Maryland neighborhood where people attending a child’s birthday party sought shelter from a storm, sending 19 people to hospitals Sunday afternoon, authorities said. Anne Arundel County Fire … Source: Claims Journal

Last week, a U.S. lawmaker introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and get reimbursed by the federal government, but insurance groups have rejected the idea. Although the text of H.R. 7412, … Source: Claims Journal

From nursing homes in New York and a landfill in Utah to Disney World and the Las Vegas Strip, employers are wrestling with workplace safety in the age of Covid-19 and making fraught calculations about how to safeguard both their … Source: Claims Journal