Special Coverage: COVID-19

As U.S. Auto Supply Chain Revs Up, Worker Safety Fears Linger in Mexico

Posted: May 06, 2020

MEXICO CITY — Workers at a Lear Corp autoparts plant in northern Mexico that saw the worst known coronavirus outbreak of any factory in the Americas are now bracing to be sent back to work. They just don’t know when, …

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Lloyd’s syndicate slams ‘direct physical loss’ claim in COVID suit

Posted: May 06, 2020

A Lloyd’s of London syndicate fired back at a Tampa, Florida, sports bar that sued the insurer last month for business interruption coverage, arguing the bar is not covered for coronavirus-related losses.

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U.S. Judge Dismisses Lawsuit Over Worker Safety at Smithfield Pork Plant

Posted: May 06, 2020

A U.S. federal judge has dismissed a worker advocacy group’s lawsuit accusing Smithfield Foods Inc, the world’s largest pork processor, of failing to adequately protect employees from the novel coronavirus at a plant in Missouri. Smithfield is already taking many …

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Suit over worker safety at Smithfield pork plant dismissed

Posted: May 06, 2020

A U.S. federal judge has dismissed a worker advocacy group’s lawsuit accusing Smithfield Foods Inc., the world's largest pork processor, of failing to adequately protect employees from the novel coronavirus at a plant in Missouri.

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Allstate Credits Risk Management During Q1; Eyes Second Coronavirus Refund for Drivers

Posted: May 06, 2020

Allstate Corp. reported that its adjusted net income rose 47% in the first quarter to $1.14 billion, a jump of 47%, thanks to higher underwriting income and lower catastrophe costs, compared with the quarter one year ago. The highlights for …

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Allstate Credits Risk Management During Q1; Eyes Second Coronavirus Driver Refund

Posted: May 06, 2020

Allstate Corp. reported that its adjusted net income rose 47% in the first quarter to $1.14 billion, a jump of 47%, thanks to higher underwriting income and lower catastrophe costs, compared with the quarter one year ago. The highlights for …

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Loss prevention and control concerns ship owners, insurers: Experts

Posted: May 06, 2020

Loss prevention and control is a growing concern for ship owners and marine insurers, amid government lockdowns, border restrictions and supply chain disruptions in the COVID-19 era, experts say.

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BriteBee Launches Digital Stimulus Package For Insurance Sector

Posted: May 06, 2020

Up-and-Coming InsurTech Company Gives 3-month Stimulus Package to Every Insurance Agent and Agency in America – Completely Free of Charge.  COVID-19 is putting pressure on industries far and wide. Businesses...

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Business Income, COVID-19, and Plaintiff Attorneys: They Keep Trying

Posted: May 06, 2020

“I think there was an attempt to dissuade the public from filing these claims and to shape the public opinion that this was not property damage,” said Steven C. Marks, managing partner at Miami-based Podhurst Orseck PA, who has filed …

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Meat Workers Taking Leave, Quitting as Plants Reopen Amid Coronavirus Scare

Posted: May 06, 2020

America’s meat-processing plants are starting to reopen but not all workers are showing up. Some still fear they’ll get sick after coronavirus outbreaks shut more than a dozen facilities last month. Employees are taking leave, paid and unpaid — or …

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Louisiana legislators take a look at COVID-19 business interruption insurance bill

Posted: May 06, 2020

If written into law, the bill would force insurance companies in the state to cover pandemic-related business losses

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Economy Starts Reopening Amid New Pandemic Projections

Posted: May 06, 2020

Business interruption insurance and liability issues remain on the front burners as governments begin gradually “reopening the economy” amid scary new projections about the pandemic. Trump Says Task Force Will Wind Down (The New York Times, May 5, 2020) Pennsylvania’s Coronavirus Death Tol...

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How insurance companies have adapted to the new COVID-19 normal

Posted: May 06, 2020

What they're changing in-house and doing for their clients

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ValuePenguin reveals how many auto insurance customers are asking for financial help

Posted: May 06, 2020

Many customers did not realize financial assistance amid COVID-19 was an option, survey finds

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Temporary Licensing Process Implemented for New Jersey Insurance Producers

Posted: May 06, 2020

The New Jersey Department of Banking and Insurance (DOBI) has implemented a process for issuing temporary licenses to eligible individuals seeking to become insurance producers during the COVID-19 pandemic. The temporary process is being implemented in order to assure the …

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COVID-19 Leaves Nursing Homes Grappling to Stay Covered and Safe

Posted: May 06, 2020

COVID-19 has killed more than 10,000 residents and staff at nursing homes in the United States — and that figure only accounts for the 23 states publicly reporting such data. One facility in Brooklyn reported 55 deaths. Another in Minnesota had 47 deaths. Sadly, there are similar stories across the...

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Goodbye Open Plan Office? Hello 6-Feet Social Distancing Workspace?

Posted: May 06, 2020

One-way corridors, buffer zones around desks, and clear plastic screens to guard against colleagues’ coughs and sneezes may become office standards after coronavirus stay-at-home orders are lifted, say occupational experts. Government-mandated lockdown orders to contain the global pandemic have radi...

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How are consumers perceiving auto insurance during the COVID-19 crisis?

Posted: May 06, 2020

Since people are driving less in the midst of COVID-19 related stay-at-home orders, many auto insurers have responded with premium refunds totaling about $10 billion. How are consumers reacting to these refunds? A May 5 webinar co-hosted by Cambridge Mobile Telematics’ (CMT) VP of Insurance &...

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Failure to follow guidance may lead to meatpacker liability

Posted: May 06, 2020

Workers in the meat and poultry processing industries are back on the job throughout the United States, but reports of COVID-19 infections among plant workers and questions about safety protocols and government guidance could leave employers exposed to liability and workers compensation claims, expe...

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