Claims Journal

Study: Little Asbestos Found After Detroit House Demolitions

Cost-savings and public safety benefits by swiftly demolishing dangerous vacant houses in Detroit could outweigh the risk of asbestos exposure to people in neighborhoods, according to researchers at the University of Michigan. A study of 25 emergency...

Posted: Mar 31, 2020

Tornado Tears Through Arkansas College Town, With Six Hurt

JONESBORO, Ark. — A tornado ripped through northeast Arkansas on Saturday, leaving six people hurt after hitting commercial and residential areas in the college town of Jonesboro. The six people reported injured were taken to a local hospital with mi...

Posted: Mar 30, 2020

From Quills to Qwerty: Lloyd’s Underwriters Adapt to Home Working

LONDON — Thousands of London’s underwriters took their stamps and fountain pens home last week, which they use to sign insurance contracts, but they won’t need them. Working at home due to the coronavirus lockdown, they have abandoned the normal …

Posted: Mar 30, 2020

Trade Group Seeks Time-Out for Labor Violation Lawsuits in California

A California trade group wants the most populous U.S. state to temporarily block employees from suing employers over labor violations as the cornovirus outbreak fuels layoffs and business closures. The California Business and Industrial Alliance aske...

Posted: Mar 30, 2020

Insurers Push Back Against Legislation on Business Interruption Claims

The battle over business-interruption losses is heating up. Legislators in at least three states — New Jersey, Ohio and Massachusetts — have proposed bills to require that insurers pay out for certain claims related to Covid-19. The American Property...

Posted: Mar 30, 2020

The Burning Problem of America’s Sugar Cane Growers

Driving west on Florida Route 98 from Palm Beach, the smoke is visible before the warning signs. Near the Lion Country Safari (“Florida’s only drive-through safari”), there are, far across a vividly-green expanse, dark gray clouds climbing into the s...

Posted: Mar 30, 2020

Crime Drops in Lockdown, Domestic Violence Risk Climbs

With more than two-thirds of the U.S. population ordered to stay home amid the coronavirus pandemic, it’s tougher for burglars to find an empty house to target. But the cooped-up residents seem more likely to fight each other. That’s what …

Posted: Mar 30, 2020

Criminal’s Sentence Hinges on Replacement Value of Sunken Treasure

The value that an insurance company placed on a stolen gold bar might play a key role in how much the thieves must pay for restitution. In 1980, treasure hunter Mel Fisher pulled Gold Bar 27 from the wreckage of …

Posted: Mar 30, 2020

Viewpoint: Keeping Your Cases Moving During the COVID-19 Crisis

Many subrogation professionals will find themselves working from home in the near future. While much can be accomplished from a computer keyboard, there are certain activities essential to investigating and litigating subrogation files which are goin...

Posted: Mar 30, 2020

Lloyd’s Faces COVID-19 Claims from Multiple Insurance Lines, Says CEO Neal

Lloyd’s insurers face COVID-19 related claims from approximately 14 categories of insurance, said Chief Executive Officer John Neal during a media call to discuss the market’s 2019 results. Neal said it is too early for the market to assess the …

Posted: Mar 27, 2020

Mild Winter Reduces Springtime Flood Risk in New England

A mild winter is giving emergency management officials one less thing to worry about: The spring flooding risk is reduced in New England. There’s a lower-than-average risk of ice jams causing river backups and flooding in most of Maine, New …

Posted: Mar 27, 2020

Judge Won’t Halt Salvage of Capsized Ship on Georgia Coast

SAVANNAH, Ga. — A federal judge ruled she will not halt removal of a capsized cargo ship along the Georgia coast while a salvage company that lost the job to a competitor sues the U.S. Coast Guard. The decision by …

Posted: Mar 27, 2020

Coronavirus Is Delaying Vital Safety Work Across Oil and Gas

The , is delaying vital maintenance across the oil and natural gas industries in Europe and North America. Restrictions on the numbers of contractors on rigs, pipelines and production sites are forcing companies to delay work that’s been planned for...

Posted: Mar 27, 2020

Bosses Panic-Buy Spy Software to Keep Tabs on Remote Workers

The email came from the boss. We’re watching you, it told Axos Financial Inc. employees working from home. We’re capturing your keystrokes. We’re logging the websites you visit. Every 10 minutes or so, we’re taking a screen shot. So get …

Posted: Mar 27, 2020

New York Gym Chain Sued for Charging Fees Amid Virus Closure

New York Sports Clubs customer claims in a lawsuit she’s still being charged membership fees even after facilities have been shuttered by the coronavirus. The club’s owner, Town Sports International Inc., is making it “virtually impossible” to cancel...

Posted: Mar 27, 2020

Viewpoint: Observations on Climate and Pandemics

Climate and Pandemics COVID-19 is a slowly unfolding catastrophe that poses a serious threat to humanity worldwide. Unlike a tornado, hurricane, or even flood, it is hard to say when the event will end. Unlike heat waves and droughts, it …

Posted: Mar 27, 2020

Another Restaurant Files Suit to Force Coverage for Virus Shutdown

Two California restaurants has filed a lawsuit against a unit of The Hartford, seeking a declaration that the owner’s commercial insurance policy covers losses caused by a statewide business shutdown ordered to prevent the spread of coronavirus. The...

Posted: Mar 27, 2020

Scooter Companies Pull Out of Cities Worldwide Amid Pandemic

Dockless scooter companies charged into cities in 2018, promising a mobility revolution with cheap, clean rides and billions in venture capital backing. Yet they soon faced roadblocks, including shaky business models, safety concerns, and fast-moving...

Posted: Mar 27, 2020

Insurance Market Lloyd’s of London Returns to Profit, Braces For Coronavirus

Lloyd’s of London reported its first annual pretax profit in three years on Thursday, thanks to tighter underwriting and robust investment returns, and signaled it was well prepared to cope with the cost of the coronavirus pandemic. The 330-year-old...

Posted: Mar 26, 2020

Coronavirus-Related Crimes Capitalize on Global Fear, Panic

WASHINGTON — Thieves steal surgical masks. A clinic sells fake COVID-19 tests. Hate groups encourage sick members to infect law enforcement officers. Imposters pose as public health officials. Con artists peddle fake cures and financial scams. As the...

Posted: Mar 26, 2020

U.S. Corporate Crisis Bailouts May Prove Bonanza For Insider Trading, New Study Warns

WASHINGTON/BOSTON — White-collar crime prosecutors and defense attorneys are likely to be busy following a massive economic stimulus package from the U.S. Congress aimed at mitigating the fallout from the coronavirus, according to a new academic stud...

Posted: Mar 26, 2020

As Coronavirus Hits Memorial Services, U.S. Funeral Homes Struggle to Adapt

SAN FRANCISCO — U.S. funeral homes are adapting their businesses to social distancing and the rapidly spreading coronavirus. Like companies across the United States, funeral homes and mortuaries are limiting contact with customers in order to avoid s...

Posted: Mar 26, 2020

Paul Tudor Jones Sees Regular Virus Testing, Isolation In Future

Billionaire Paul Tudor Jones said workers in the U.S. should start thinking about resuming a different kind of life after the worst of Covid-19 — one with widespread testing and periodic self-isolation. The legendary trader and hedge fund manager, wh...

Posted: Mar 26, 2020

Ford’s Plan to Gradually Reopen U.S. Factories Concerns UAW

Ford Motor Co.’s plan to restart production at some of its most important U.S. plants roughly a month after they shut down will have to overcome immediate skepticism from the United Auto Workers union. After halting North American production as …

Posted: Mar 26, 2020

Insurers Brace For Coronavirus Hit to ‘Event Driven’ D&O Line

What may be the first U.S. securities lawsuits alleging misdeeds related to coronavirus were filed this month — one against a cruise line and another against a pharmaceutical company that claimed to have developed a vaccine for COVID-19. There are …

Posted: Mar 26, 2020