Special Coverage: COVID-19

Federal Court Denies Massachusetts Hospital’s Covid-19 Business Insurance Claim

Posted: Mar 01, 2023

A Massachusetts hospital has been denied its insurance claim for Covid-19 related costs and lost revenues under business interruption and disease contamination provisions of its property insurance policies. U.S. District Judge Nathaniel M. Gorton of the federal court in Boston …

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California’s Final State Emergencies Winding Down 3 Years Into Pandemic

Posted: Mar 01, 2023

California’s coronavirus emergency officially ended Tuesday, nearly three years after Gov. Gavin Newsom issued the nation’s first statewide stay-at-home order and just days after the state reached the grim milestone of 100,000 deaths related to the virus. As California’s emergency...

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Disability Insurance

Posted: Mar 01, 2023

DISABILITY INSURANCE As “long COVID” lingers, disability design plans are changing By Len Strazewski Early in the COVID-19 pandemic, patients packed hospitals and struggled to breathe, using oxygen systems and—in The post Disability Insurance appeared first on The Rough Notes Company Inc..

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The Future of Caregiving

Posted: Feb 28, 2023

The Future of Caregiving Commercial Lines ClareCarroll1 Tue, 02/28/2023 - 00:14 Employers are more aware than ever that employee caregivers represent a large portion of their workforce and require more assistance to stay on the job....

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Federal Appeals Court Upholds Denial of ITT’s Covid-19 Insurance Claims

Posted: Feb 24, 2023

Global corporation ITT has again been denied coverage under its “all-risk” policy for business costs and losses it sustained due to Covid-19. The Second Circuit Court of Appeals has affirmed a ruling by the federal district court for Connecticut that …

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Top 3 post-COVID workplace concerns: What employers need to pay close attention to now

Posted: Feb 23, 2023

Companies need to make sure that they are prepared to address these employee concerns that have been on the rise since the start of the COVID-19 pandemic.

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Tx. Dental Practice to Pay Back Wages to Workers Fired for Raising COVID Concerns

Posted: Feb 23, 2023

Two workers at a North Texas dental practice will share $15,706 in back wages to be paid by the dentists who fired them for raising concerns about COVID-19 safety measures in Spring 2020, following a federal whistleblower investigation and litigation …

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Madison Square Garden Loses Appeal of Covid-19 Insurance Claim Dismissal

Posted: Feb 23, 2023

A New York appeals court last week upheld the dismissal of Madison Square Garden’s Covid-19 business interruption claim against Factory Mutual Insurance Co. The court agreed with a New York County court’s dismissal in January, 2002 after it found that …

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Legal Roundup: COVID Vaccine Suit, Social Media’s Impact on Mental Health and More

Posted: Feb 20, 2023

The latest happenings on the legal front that could have an impact on risk management and insurance. The post Legal Roundup: COVID Vaccine Suit, Social Media’s Impact on Mental Health and More appeared first on Risk & Insurance.

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Nurse Practitioner Claims Have Increased Since 2017 but COVID Effect Yet to Play Out

Posted: Feb 14, 2023

The distribution and severity of nurse practitioner (NP) office practice setting claims have increased sharply since 2017, according to a new report from CNA in collaboration with its business partners at Nurses Service Organization (NSO), “Nurse Practitioner Professional Liability Exposure &#...

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Tech Acceleration in Personal Lines

Posted: Feb 13, 2023

Tech Acceleration in Personal Lines Personal Lines ClareCarroll1 Mon, 02/13/2023 - 20:56 Personal lines executives see the potential for new user interaction technology to transform core business areas, primarily policy servicing and claims....

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The Rise of AI: a Double-Edged Sword

Posted: Feb 13, 2023

The Rise of AI: a Double-Edged Sword AI & Machine Learning ClareCarroll1 Mon, 02/13/2023 - 20:44 Instead of asking how ethical a firm’s AI is, we should ask how far ethics is taken into account by those who design the AI, feed it data and use it...

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An Interview with Tyler Asher

Posted: Feb 13, 2023

An Interview with Tyler Asher Agent & Broker pwinston Mon, 02/13/2023 - 16:14 While it's generally accepted that being digital is a good thing -- even an essential thing since the onset of the pandemic -- for agents and brokers, it's hard to qua...

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IAG sees GWP rise to $7.1bn in H123 results

Posted: Feb 13, 2023

Australian insurer IAG has reported that Gross Written Premiums rose 7.5% to $7.1bn in H123 as strong rate rises countered higher inflation, perils expectation and reinsurance costs. Net profit after tax was also up on the corresponding half year at $468m (1H22 $173m) and included a post-tax Covid b...

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31% of Workers Filing COVID Claims Suffer Long-Term, but Rate Declining: New York Fund

Posted: Feb 10, 2023

A report released this month by New York State Insurance Fund found that 31% of workers who filed claims for COVID-19 continued medical treatment or took time off work more than 60 days after the initial infection. NYSIF’s report is …

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How to Rise Above Disruption in 2023

Posted: Feb 09, 2023

How to Rise Above Disruption in 2023 Commercial Lines ClareCarroll1 Thu, 02/09/2023 - 23:35 Insurers started 2022 in a position of strength and still are in a good spot to drive down costs and increase demand, unless rising claims costs and mark...

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COVID losses in APAC could strain A&H reinsurers: Gallagher Re

Posted: Feb 09, 2023

Analysts at Gallagher Re have warned that new COVID-19-related losses emanating from the Asia-Pacific region may put a strain on first-tier accident and health (A&H) reinsurers through 2023. The broker expects that the majority of these losses will be contained locally, but it does believe that...

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