Special Coverage: COVID-19

Report Shows California’s 2023 Auto Registrations Highest Since 2020, with an 11.9% Increase in New Vehicles

Posted: Feb 01, 2024

Last year proved to be a banner year for new car registrations in California, reaching the highest numbers since the COVID-19 pandemic, a new report out this week shows. The California New Car Dealers Association’s fourth quarter 2023 California Auto …

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California’s 2023 Auto Registrations Highest Since 2020; New Vehicles Up 11.9%

Posted: Feb 01, 2024

Last year proved to be a banner year for new car registrations in California, reaching the highest numbers since the COVID-19 pandemic, a new report out this week shows. The California New Car Dealers Association’s fourth quarter 2023 California Auto …

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AGENT AND BROKER E&O INSURANCE

Posted: Jan 31, 2024

 A hard market brings new challenges By Joseph S. Harrington, CPCU No news is good news, in some circumstances. When assessing today’s market for insurance agent and broker errors and omissions (E&O) insurance, what stands out is what’s not there, at least not yet. During and soon after the COVI...

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COVID Liability Immunity Includes Slips and Falls at Hospital – Alabama High Court

Posted: Jan 29, 2024

When the COVID-19 virus spread across the country three years ago, dozens of state legislatures approved statutes that granted health care providers immunity from legal actions brought by people who claimed to have been injured by COVID treatments. “Absent wanton, …

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New Jersey Supreme Court Rules Against Casino in COVID Business Interruption Case

Posted: Jan 26, 2024

New Jersey’s Supreme Court ruled Wednesday that an Atlantic City casino is not entitled to payouts from business interruption insurance for losses during the COVID-19 outbreak, determining that the presence of the virus did not constitute the kind of “direct …

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SEC to Impose Tougher Rules on Blank-Check Deals as SPACs Fizzle

Posted: Jan 24, 2024

Wall Street’s main regulator on Wednesday is set to demand more investor protections for deals involving special purpose acquisition companies, tightening rules on a once-popular pathway for taking firms public. After surging during the Covid-19 pandemic as an alternative to …

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Top Global Business Risks in 2024

Posted: Jan 19, 2024

Top Global Business Risks in 2024 Risk Management ClareCarroll1 Fri, 01/19/2024 - 14:23 Cyber and business interruption top Allianz's annual survey, while nat cats, fire, explosion and political risks are the biggest risers. ...

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Grubhub to Pay $3.5 Million to Massachusetts Restaurants for Overcharging During COVID

Posted: Jan 17, 2024

Massachusetts Attorney General Andrea Campbell announced a $3.5 million settlement Friday with the online food delivery service platform Grubhub. The settlement resolves a 2021 lawsuit brought by Campbell alleging Grubhub illegally overcharged fees to Massachusetts restaurants in violation of a &#82...

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Grubhub to Pay $3.5M to Massachusetts Restaurants for Overcharging During COVID

Posted: Jan 17, 2024

Massachusetts Attorney General Andrea Campbell announced a $3.5 million settlement Friday with the online food delivery service platform Grubhub. The settlement resolves a 2021 lawsuit brought by Campbell alleging Grubhub illegally overcharged fees to Massachusetts restaurants in violation of a &#82...

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20 Issues to Watch in 2024

Posted: Jan 14, 2024

20 Issues to Watch in 2024 Commercial Lines ClareCarroll1 Sun, 01/14/2024 - 18:58 Electoral politics, especially at the state level; the economic outlook; geopolitical risks; and evolving employee benefits top the list. Januar...

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How Digital Identity Can Combat Fraud

Posted: Jan 13, 2024

How Digital Identity Can Combat Fraud Operational Efficiency ClareCarroll1 Sat, 01/13/2024 - 23:00 While fraud is declining in most industries, it is rising in insurance, where emphasis on quick "time to bind" blocks countermeasures....

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Massachusetts Hospital Wins COVID-19 Claim Under Disease Contamination Endorsement

Posted: Jan 12, 2024

A federal appeals court has ruled that a Massachusetts hospital is entitled to coverage for losses due to COVID-19 under a health care endorsement in its policy from Continental Casualty Co. The First Circuit Court of Appeals concluded that Lawrence …

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ePayPolicy’s Latest Product – “Buy Now, Pay Later” Convenience for Insurance

Posted: Jan 10, 2024

“Finance Connect” brings premium financing, with existing PFC relationships, to ePayPolicy’s online payment pages for insurance companies. Since the start of the COVID-19 pandemic, e-commerce customers have grown increasingly familiar with “Buy Now, Pay Later” (BNPL) op...

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Sharp uptick in ER visits, hospitalizations for COVID, flu & RSV (and gaining momentum)

Posted: Jan 08, 2024

A federal mask mandate is unlikely, but health officials and hospitals in California, Illinois, Massachusetts, and New York have again told staff and patients to don masks.

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2024 Directors & Officers Risk Trends

Posted: Dec 31, 2023

2024 Directors & Officers Risk Trends Commercial Lines ClareCarroll1 Sun, 12/31/2023 - 16:51 Political risk, financial pressures, the complexity of AI, fallout from bank failures and claims related to ESG all pose challenges....

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Missouri Urgent Care Chain Settles for $9.1 Million Over False Claims for COVID-19 Testing

Posted: Dec 27, 2023

ST. LOUIS (AP) – One of the largest urgent care chains in Missouri will pay $9.1 million to settle allegations that the company submitted false claims for medical services, including COVID-19 testing. The U.S. Attorney`s office in St. Louis on …

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