Posts by Y@DminG

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 … Source: Claims Journal

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 going to mandate a creative … Source: Claims Journal

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 … Source: Claims Journal

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 … Source: Claims Journal

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 … Source: Claims Journal

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 … Source: Claims Journal

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 … Source: Claims Journal

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 memberships and … Source: Claims Journal

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 … Source: Claims Journal

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 lawsuit filed … Source: Claims Journal