Special Coverage: COVID-19
Posted: May 26, 2020
The Oregon Department of Consumer and Business Services has issued emergency orders related to COVID-19 for insurance companies providing property/casualty, long-term care, and life and disability insurance. The orders require insurance companies providing these policies to do the following: Provide...
Posted: May 26, 2020
The decision could set a global precedent for coronavirus-related claims disputes.
Posted: May 26, 2020
French reinsurer SCOR SE announced Monday that it would withdraw its proposed dividend to shareholders and its top executive would forgo 30% of his bonus in light of regulatory recommendations issued since the onset of the coronavirus pandemic.
Posted: May 26, 2020
State Compensation Insurance Fund in California has started accepting applications for its $50 million Returning California to Work COVID-19 Safety Protocol Fund. The fund will help State Fund policyholders implement new safety measures to combat the spread of COVID-19 as …
Posted: May 26, 2020
A mid-range estimate of what COVID-19 workers compensation presumption could comprise about 7% of the $18.3 billion estimated annual cost of claims in California prior to the pandemic, according to a report released Friday by the California Workers Compensation Insurance Ratings Bureau.
Posted: May 26, 2020
Mississippi Gov. Tate Reeves said Friday that he’s adding another week to his statewide “safer at home” order because of the coronavirus pandemic, but he’s also easing restrictions on water parks and other outdoor sports and leisure venues. The home …
Posted: May 26, 2020
May 26 — As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against further spread of the coronavirus. Workers …
Posted: May 26, 2020
LONDON — Ship assessors are resorting to virtual inspections of oil tankers to keep vessels afloat, as the coronavirus pandemic makes physical visits to check for seaworthiness tougher and a slump in fuel demand increases the need for ships as …
Posted: May 26, 2020
Meat producer Tyson Foods is reporting 570 cases of COVID-19 at a poultry processing complex in North Carolina. Tyson said in a news release that it tested more than 2,000 staff members and contractors who work at its facility in …
Posted: May 26, 2020
A church in Mississippi was destroyed by a suspected arson fire, about a month after its pastor filed a lawsuit challenging the city of Holly Springs on gathering restrictions amid the coronavirus outbreak. First Pentecostal Church in Holly Springs, Mississippi, …
Posted: May 26, 2020
Vehicle Thefts Soaring During COVID Lockdowns The coronavirus hasn't been kind to car owners. With more people than ever staying home to lessen the spread of COVID-19, their sedans, pickup trucks and SUVs are parked unattended on the streets, ...
Posted: May 26, 2020
McDonald’s Workers Use Public Nuisance Legal Strategy in Class Action As U.S. businesses reopen, worried workers and their advocates are borrowing a legal strategy commonly used to shut down rowdy topless bars to try and force employers to strengthen protection against ...
Posted: May 26, 2020
The novel coronavirus outbreak and economic fallout are proving to be a bonanza for whistleblower lawyers as the Securities and Exchange Commission cracks down on a range of related misconduct from companies touting sham cures to misuse of federal aid.
Posted: May 26, 2020
French reinsurer SCOR announced that its Chairman & CEO Denis Kessler will receive 30% less in his annual variable compensation for 2019, which is equal to €325,260 (US$354,333). In addition, the company has decided to cancel its 2019 dividend. Kessler’s …
Posted: May 26, 2020
PROVIDENCE, R.I. — Elected officials, businesses and others are depending on coronavirus testing and infection-rate data as states reopen so that they will know if a second wave of contagion is coming _ and whether another round of stay-at-home orders …
Posted: May 26, 2020
How is the coronavirus pandemic affecting you, your life, your work and your industry? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of …
Posted: May 26, 2020
How is the coronavirus pandemic affecting you, your life, your work and your industry? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of …
Posted: May 26, 2020
The Workers’ Compensation Insurance Rating Bureau of California published estimated costs of allowing state workers to receive benefits for COVID-19 claims without proving virus exposure at work, dropping a prior mid-range estimate by $10 billion. In a report published on …
Posted: May 26, 2020
The insurance educator had previously suspended classroom sessions due to the COVID-19 pandemic
Posted: May 26, 2020
Illinois lawmakers in both houses on Friday passed an omnibus labor bill that would provide death benefits for first responders who were presumably infected with COVID-19 on duty and workers compensation benefits for essential workers under certain conditions.
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