Posts by Y@DminG

Commercial insurers are scrutinizing building managers’ efforts to avoid outbreaks of Legionnaires’ disease as they re-open movie theaters, gyms, schools and offices that had been closed for months due to the coronavirus pandemic, industry sources told Reuters. Legionnaires’ disease is … Source: Claims Journal

Allstate says severe weather events in Texas and the Midwest account for the majority of its $350 million in catastrophe losses in May 2020. Northbrook, Illinois-based Allstate Corp. has estimated catastrophe losses for the month of May of $350 million, … Source: Claims Journal

A former Fred Meyer employee who says he was fired from a Portland, Ore., store after he complained about a pattern of racism has filed a $2 million lawsuit against the grocery store chain. Michael Mangum, who is 26 and … Source: Claims Journal

An insurer fighting business income claims from restaurants is arguing in part that there is no coverage because businesses were allowed to provide takeout and delivery service during lockdowns. Society Insurance, based in Fond du Lac, Wisconsin, has filed a … Source: Claims Journal

A home warranty contract is an insurance contract. That’s the conclusion of the Oklahoma Supreme Court in a case in which the plaintiffs challenged a mandatory arbitration provision in a home warranty contract, maintaining such provisions are not legal under … Source: Claims Journal

For the past seven years, a Munich-based firm called riskmethods has tried to interest companies in buying software that allows them to track all their suppliers in a way that minimizes risks in operating globally spread supply chains. Until recently, … Source: Claims Journal

The Securities and Exchange Commission (SEC) has charged insurance company AmTrust Financial Services and Ronald E. Pipoly Jr., its former chief financial officer, with failing to disclose material facts about how the company estimated its insurance losses and reserves for … Source: Claims Journal

A scathing grand jury report released Tuesday after a 2018 Northern California wildfire killed 85 people found that Pacific Gas & Electric officials repeatedly ignored warnings about its failing power lines, performed inadequate inspections to focus on profits and refused … Source: Claims Journal

Automakers are speeding up U.S. assembly lines to meet recovering demand, increasingly confident coronavirus safety protocols are working to prevent outbreaks in their plants but wary of the challenges workers face outside. Screening workers for COVID-19 using temperature scans and … Source: Claims Journal

The U.S. Supreme Court refused to take up a new test of “qualified immunity,” rejecting several appeals that challenged the legal doctrine that has become a broad liability shield for police officers accused of civil rights violations. Qualified immunity has … Source: Claims Journal