Posts by Y@DminG
Insurers Fret as Company Bosses Face Coronavirus Legal Claims
Insurers are increasingly worried about shareholders, employees or customers bringing coronavirus-related claims against company executives and are considering excluding the virus from policies that protect the bosses, industry sources say. Two cases have been filed in the United States in … Source: Claims Journal
Read MoreWalmart Starts Temperature Checks For Staff in Safety Ramp-Up Against Coronavirus
Walmart Inc said on Tuesday it would start taking the temperature of employees and provide them with masks as it addresses growing safety concerns among retail workers laboring through the coronavirus crisis. The retailer, which is the largest employer in … Source: Claims Journal
Read MoreHackers ‘Without Conscience’ Target Health-Care Providers
When hackers broke into computers at Hammersmith Medicines Research, a London-based company that carries out clinical trials for new medicines, it was a nightmare scenario for managing director Malcolm Boyce. The coronavirus crisis was just beginning to take hold in … Source: Claims Journal
Read MoreBarclays Wins Top Court Ruling Over Doctor’s Sex Abuse
Barclays Plc won a Supreme Court ruling over allegations that a doctor sexually assaulted patients while conducting physicals for the bank more than 30 years ago. The court said Barclays wasn’t financially liable for the assaults, which took place from … Source: Claims Journal
Read MoreInsurers Back Government Fund for Employers, Workers Hurt by Virus Shutdowns
The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and stay-at-home measures necessitated by the coronavirus crisis. The new relief vehicle, the … Source: Claims Journal
Read MoreMain Street Wig Shop Among New Litigants in COVID Claims Battle
As coronavirus spreads across the country, litigation against insurers for denying claims caused by the pandemic is spreading along with it. A group of Chicago businesses and a Houston-area wig store are the latest litigants to press business-interruption claims against … Source: Claims Journal
Read MoreArtificial Intelligence Can Help Some Businesses, But Not All
The temptation for businesses to use artificial intelligence and other technology to improve performance, drive down labor costs, and better the bottom line is understandable. But before pursuing automation that could put the jobs of human employees at risk, it … Source: Claims Journal
Read MoreInsurer Chubb Investigating a ‘Computer Security Incident’
Insurer Chubb Ltd on Thursday said it is investigating a computer security incident that may involve unauthorized access to data held by an outside service provider. Chubb has no evidence that the incident affected its network, a spokesman said. “Our … Source: Claims Journal
Read MorePG&E Won’t Make Victims of Deadly Fire Pay Its Criminal Fine
PG&E Corp. won’t tap a fund for wildfire victims to pay $4 million in fines and expenses for involuntary manslaughter, avoiding a possible hurdle to its exit from bankruptcy. Insurers with claims against PG&E in bankruptcy agreed to wait 15 … Source: Claims Journal
Read MoreZoom Sued for Allegedly Illegally Disclosing Personal Data
Zoom Video Communications Inc. was sued by a user who claims the popular video-conferencing service is illegally disclosing personal information. The company collects information when users install or open the Zoom application and shares it, without proper notice, to third … Source: Claims Journal
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