Business Insurance
Kentucky has become the first state to extend workers compensation to grocery store workers who acquire COVID-19.
Posted: Apr 13, 2020
A Florida restaurant on Thursday sued insurers at Lloyd’s of London in federal court for coronavirus-related business interruption coverage in a suit filed seeking class action status.
Posted: Apr 13, 2020
(Reuters) — French insurers are in discussions to invest 1 billion euros ($1.09 billion) into funds dedicated to help small and mid-sized firms and health companies recover from the impact of the coronavirus epidemic, the chief executive of CNP Assur...
Posted: Apr 13, 2020
The U.S. Occupational Safety and Health Administration will not enforce recordkeeping requirements for COVID-19 in most industries located in places where there is ongoing community transmission, according to a memo released Friday.
Posted: Apr 13, 2020
Some of U.K.'s biggest insurers are facing legal action from small business owners who say their legitimate business interruption claims related to coronavirus outbreak have been unfairly turned down.
Posted: Apr 13, 2020
A report said that fixing shoddy repairs related to the earthquakes in Canterbury in 2010-11 is expected to cost New Zealand's Earthquake Commission $600 million New Zealand ($364 million).
Posted: Apr 13, 2020
An analysis by the World Bank Group expects the coronavirus outbreak to cost the Sub-Saharan Africa region between $37 billion and $79 billion in output losses this year.
Posted: Apr 13, 2020
Aeronautical Radio of Thailand Co. Ltd., the company that runs the country’s air traffic control systems, expects to lose 4.2 billion Thai baht ($128 million) this year due to the coronavirus pandemic.
Posted: Apr 13, 2020
Two insurance trade groups have activated a credit line for insurance brokers to deal with the difficult business conditions brought about by the coronavirus pandemic.
Posted: Apr 13, 2020
Cyclone Harold, which made landfall in Tonga on April 9, demolished beachside cottages, events complexes, and residences.
Posted: Apr 13, 2020
Indonesia's Krakatoa volcano erupted on April 10, and spewed lava and plumes of ash nine miles into the air.
Posted: Apr 13, 2020
A magnitude 4.5 earthquake hit the coast of the Mexican state of Jalisco on April 9.
Posted: Apr 13, 2020
A survey by the Wellington Regional Chambers of Commerce and Business Central found that 20% of businesses in central New Zealand do not have business interruption insurance.
Posted: Apr 13, 2020
Muhammad Hussain Hirji, chairman of the Insurance Association of Pakistan, has said that the association plans to provide specialized insurance cover for business interruption due to events beyond the control of any individual or organization such as...
Posted: Apr 13, 2020
A Washington resorts operator has reached a $570,000 settlement of a sexual harassment lawsuit filed by the U.S. Equal Employment Opportunity Commission, which marks the second time the resort owner has settled with the EEOC for alleged similar condu...
Posted: Apr 10, 2020
President Donald Trump on Friday suggested insurers should pay some business interruption claims related to the coronavirus pandemic.
Posted: Apr 10, 2020
Policyholders including a dive shop, a dental practice, restaurants and a French heavy-metal festival continued to seek coronavirus-related coverage from their insurers over the past week.
Posted: Apr 10, 2020
A federal appeals court has overturned a lower court and reinstated retaliation charges filed by a New York teacher who received multiple disciplinary reprimands after filing complaints against her school district.
Posted: Apr 10, 2020
Looking for the rainbow in the storm clouds? Easter egg hunt for the kiddos canceled? Having trouble collecting rent from tenants? Did something break? Need a distraction? Look no further, says U.K. property insurer CIA Landlord. Look for the pug.
Posted: Apr 10, 2020
Paradigm Management Services LLC has expanded its care management processes used for managing catastrophic injuries to assist workers requiring medical care to recover from COVID-19, the Walnut Creek, California-based case management services provide...
Posted: Apr 10, 2020
When the pandemic closed schools, work life changed drastically for most at ST Management Inc. For Richard Rabs, the company’s Downers Grove, Illinois-based vice president of safety and risk management, the pandemic meant shifting his workspace from...
Posted: Apr 10, 2020
A nurse who injured her knee while helping lift a patient but failed to immediately report her injury is eligible for workers compensation benefits, an appeals court in Arkansas ruled Wednesday.
Posted: Apr 10, 2020
A Markel Corp. unit is not obligated to defend or indemnify an Indiana ambulance company that failed to list one of its ambulances, which was later involved in a fatal accident, on its policy, a federal appeals court ruled in affirming a lower court’...
Posted: Apr 10, 2020
An injured employee with the Albany County Sheriff’s Department in New York lost her access to workers compensation benefits after lying about her work as a photographer and her mental health history, the Appellate Division of the Supreme Court of Ne...
Posted: Apr 10, 2020
A federal judge increased to $1.2 billion the damages that Gilead Sciences Inc. must pay to Bristol-Myers Squibb Co. in a patent infringement case regarding technology for treating cancer.
Posted: Apr 10, 2020