Posts by Y@DminG

BERKELEY, Calif. — PG&E Corp. will sweep out three quarters of its board of directors to start with a mostly clean slate when it emerges from a bankruptcy case triggered by deadly wildfires ignited in Northern California by the utility’s … Source: Claims Journal

Texas auto dealer Hayden Elder says March was his worst month in 42 years selling cars thanks to the coronavirus, but April brought days that were “almost normal” and he expects bigger customer discounts to help him sell more Dodge … Source: Claims Journal

Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim compensation for disruption caused by the coronavirus pandemic. The Financial Conduct Authority (FCA) also told all insurers to assess whether … Source: Claims Journal

If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. It not, the industry may be on the verge of an historic catastrophe. A … Source: Claims Journal

Chief Executive Officer Jeff Bezos normally uses the company’s earnings report to extol the virtues of Alexa or the benefits of Prime. On Thursday, he told investors to hold on tight as his company navigates “the hardest time we’ve ever … Source: Claims Journal

Newswise — George Dehner might take exception to those who say the COVID-19 pandemic is unprecedented. “This pattern of the appearance of a novel infection that spreads pandemics is as old as a human story. Once we began to settle … Source: Claims Journal

Wildfires during Venezuela’s dry season are posing heightened risk to crude output this year due to lack of maintenance in state-owned oil company’s PDVSA’s oilfields and fuel shortages leaving firefighters without fuel, according to interviews with a half-dozen workers and … Source: Claims Journal

U.S. Labor Secretary Eugene Scalia on Thursday defended his department’s handling of workplace safety during the coronavirus pandemic, saying “the cop is on the beat” in response to union criticism about a lack of directives to protect workers. In a … Source: Claims Journal

The top Republicans in the U.S. Congress displayed a united front on Friday in their drive to include coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation. Senate Majority Leader Mitch McConnell … Source: Claims Journal

COVID-19 cases at a JBS meatpacking plant in Colorado have more than doubled “in a number of days” and a sixth employee died of the virus, a union official said on Thursday, underscoring the risks of U.S. meat plants reopening. … Source: Claims Journal