Archive for April 2022

The Iowa Supreme Court on Friday ruled in two separate decisions that COVID-19 did not cause a physical loss or damage that would allow a private golf club or a restaurant and bar to recoup income lost during COVID-19 shutdown … Source: Claims Journal

Insurance company officials and attorneys have been known to complain when policyholders file suit before the parties have had a chance to settle a claim. In West Virginia, it was the insurer, Kinsale Insurance Co., that filed suit in federal … Source: Claims Journal

McDonald’s Corp. on Friday defeated a union-backed organizing group’s challenge to a settlement with a U.S. labor agency over claims that the company helped franchisees across the country suppress workers’ demonstrations calling for higher wages. The U.S. Court of Appeals … Source: Claims Journal

SHANGHAI/MILAN —Luxury sports car maker Ferrari will recall 2,222 cars in China due to a potential fault in its braking systems, China’s market regulator said in a statement on Friday. The recall covers the 458 Italia, 458 Speciale, 458 Speciale … Source: Claims Journal

FLAGSTAFF, Ariz. (AP) — Lisa Wells looked out the window of her home office and saw a plume of smoke. Before long, the smoke blackened, the wind intensified and entire trees were consumed by flames. In what felt like seconds, … Source: Claims Journal

A smart thermostat can turn up the heat in your home before you roll out of bed. A smart speaker can play your favorite podcasts with a voice command. A smart lightbulb can be turned on or off from across … Source: Claims Journal

DES MOINES, Iowa (AP) — Is it OK for free-range chickens to not range freely? That’s a question free-range egg producers have been pondering lately as they try to be open about their product while also protecting chickens from a … Source: Claims Journal

The Massachusetts Supreme Judicial Court, in the first state high court ruling on the question, has sided with an insurer and an insurance agency in finding that the COVID-19 losses claimed by three restaurants were not “direct physical loss of … Source: Claims Journal

NEW YORK/LONDON –– As Russia teeters on the brink of a historic default, foreign investors in the country’s debt have few palatable options to recover their money: bet on costly legal action, trust bilateral agreements will stand, or sit on … Source: Claims Journal

The same state court system that allowed local governments to sue lead paint manufacturers for promoting a hazardous product many decades ago won’t force insurers to pay for the end result. A panel of the California 1st Division Court of … Source: Claims Journal