Archive for April 2020

Two major investors in PG&E Corp. are also backing a loan to one of the law firms suing the bankrupt California utility on behalf of thousands of wildfire victims. Centerbridge Partners LP is the among the 20 biggest shareholders in … Source: Claims Journal

Jordan Flowers never thought he would become a labor leader. Then the coronavirus forced him to risk his life every time he clocked in. The robotics operator at Amazon’s Staten Island warehouse helped lead one of the first walkouts at … Source: Claims Journal

LIBERTY, Mo. — A duck boat sinking on a Missouri lake that killed 17 people two summers ago likely would not have happened if the U.S. Coast Guard had followed recommendations to improve the safety of such tourist attractions, federal … Source: Claims Journal

NEW YORK — Macy’s Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of … Source: Claims Journal

FRANKFURT — Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus outbreak began to bite, it said on Thursday. The Zurich-based company booked a hit of $476 million for … Source: Claims Journal

U.S. consumer advocates are urging Congress to resist growing demands by companies for protections from coronavirus-related lawsuits as states start to ease pandemic restrictions and businesses begin to reopen. Led by Public Citizen and the Center for Justice and Democracy, … Source: Claims Journal

CHICAGO, April 29 — Meat producer JBS said on Wednesday it was reopening a Minnesota pork plant shuttered by the pandemic to euthanize up to 13,000 pigs a day for farmers, not to produce meat for consumers. U.S. farmers have … Source: Claims Journal

As businesses begin to reopen after weeks-long closures to slow the spread of coronavirus, claims management companies have adjusted their service offerings to smooth the transition. Sedgwick, for instance, in February began helping clients set up temperature screenings for essential … Source: Claims Journal

After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so frantic to get off the ship, they wrote a note to the captain. The Costa Luminosa sailed on with them still … Source: Claims Journal

As companies start planning their reopenings, business groups are pushing Congress to limit liability from potential lawsuits filed by workers and customers infected by the coronavirus. They appear to have the White House’s ear. President Donald Trump has floated shielding … Source: Claims Journal