Business Insurance
A federal appeals court on Thursday revived nationwide litigation accusing Facebook Inc. of violating users' privacy rights by tracking their internet activity even after they logged out of the social media website.
Posted: Apr 10, 2020
The fallout from the global coronavirus pandemic continues to dominate the news. There has been particular interest this week in stories about the pricing impact and business interruption implications of the outbreak.
Posted: Apr 10, 2020
The Airports Council International Europe expects the continent's airports to lose €23 billion ($25 billion) in revenues this year due to the coronavirus pandemic.
Posted: Apr 10, 2020
U.K.-based EasyJet PLC's founder and major shareholder Stelios Haji-Iaonnou is threatening to take legal action against the budget carrier over an order for 107 aircraft from France-based aeronautics company Airbus SE.
Posted: Apr 10, 2020
Indian transport firms have said that around 350,000 interstate trucks carrying goods worth more than 350 billion Indian rupees ($4.6 billion) are stranded on roads, outside factories and warehouses due to the coronavirus outbreak.
Posted: Apr 10, 2020
A survey by consulting firm CEL Vietnam found that more than 80% of companies in the country's supply chain have been facing supply issues over the past two months due the coronavirus outbreak.
Posted: Apr 10, 2020
Poland-based insurer PZU SA has extended the coverage of its cyber insurance for small and medium-sized enterprises, considering increased exposure to hackers while working from home during the coronavirus pandemic.
Posted: Apr 10, 2020
Australia-based QBE Insurance Group Ltd. has named Axa XL's chief executive Jason Harris as its new chief executive of international operations.
Posted: Apr 10, 2020
Ecuador halted operations of its two crude oil pipelines due to a landslide in the Amazon region on April 7.
Posted: Apr 10, 2020
The coronavirus outbreak is expected to cost Japanese airlines All Nippon Airways Co. Ltd. and Japan Airlines Co. Ltd. more than $9 billion.
Posted: Apr 10, 2020
Grain exporters in Argentina are being forced to load less merchandise on ships as water levels in Parana River are down to an 11-year low.
Posted: Apr 10, 2020
Greece's ministry of civil protection has declared a state of emergency in South Pelion, Skopelos, and Skiathos municipalities in Thessaly Region due to severe weather conditions from April 4 to April 6.
Posted: Apr 10, 2020
It is okay for employers to keep a log of employees’ temperatures, although they must still maintain their confidentiality, says the U.S. Equal Employment Opportunity Commission, in an update of guidance on how employers can deal with the coronavirus...
Posted: Apr 09, 2020
A federal judge in Manhattan rejected an effort by President Donald Trump and his adult children to send a lawsuit accusing them of exploiting their family name to promote a marketing scam into arbitration.
Posted: Apr 09, 2020
The Securities and Exchange Commission on Thursday said it had settled with two traders who allegedly made money trading on material nonpublic information stolen through a hack into the agency's EDGAR electronic filing system.
Posted: Apr 09, 2020
A discussion draft of a bill that would establish a federal backstop for pandemic insurance industry losses in excess of $250 million is being circulated on Capitol Hill.
Posted: Apr 09, 2020
A federal appeals court has overturned a lower court and reinstated an Americans with Disabilities Act lawsuit filed by a Phoenix probation officer who was terminated after she asked for extended medical leave.
Posted: Apr 09, 2020
The U.S. Senate has told its members to not use Zoom's video conferencing app due to data security concerns, the Financial Times reported on Thursday, even as the company attempts to stem a global backlash against its fast-growing app.
Posted: Apr 09, 2020
British American Tobacco said on Friday it had filed patent infringement challenges against Philip Morris International Inc. in the United States, the U.K. and Germany over the heating technology used in its IQOS tobacco products.
Posted: Apr 09, 2020
A waitress failed to prove that her bumping into a table led to a multitude of injuries, including affecting her post-traumatic stress disorder, an appeals court in Louisiana ruled Wednesday.
Posted: Apr 09, 2020
A federal appeals court is asking New York’s highest state court to consider whether an insurer must defend a psychotherapy center in litigation alleging discrimination because of a failure-to-accommodate.
Posted: Apr 09, 2020
Employees will be filing workers comp claims related to the COVID-19 pandemic, but it remains unclear what proportion of the claims will be compensable, a panel of experts said.
Posted: Apr 09, 2020
South Carolina lawmakers have become the latest to introduce a bill that would force insurers to retroactively cover business interruption claims due to COVID-19.
Posted: Apr 09, 2020
Farmers Insurance Wednesday joined a growing list of insurers giving policyholders discounts because of the challenges that businesses face from the coronavirus pandemic.
Posted: Apr 09, 2020
Ensuring employees are supported and engaged during the pandemic has been top of mind for Cheryl Baker, manager of risk management services for Detroit-based Blue Cross Blue Shield of Michigan.
Posted: Apr 09, 2020