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PG&E Judge Rejects Bid to Throw Out Victims’ Bankruptcy Vote
The judge overseeing PG&E Corp.’s bankruptcy rejected an effort by dissident fire victims to upend voting on the California utility’s reorganization plan. Judge Dennis Montali said during a hearing Friday that he planned to deny a motion asking to throw … Source: Claims Journal
Read MorePurell’s Claim to Combat Disease Spurs Demand — and Lawsuits
Everyone’s favorite hand sanitizer may have to stand trial for claiming it can stop you from getting sick. A trio of lawsuits has hit Purell’s maker, Gojo Industries Inc., since the World Health Organization declared the coronavirus outbreak a public … Source: Claims Journal
Read MoreTalc Miner Imerys Strikes Deal to Resolve 14,000 Cancer Lawsuits
Imerys SA, which mines talc used in Johnson & Johnson’s iconic Baby Powder and other products, agreed to turn over its North American operations to resolve more than 14,000 lawsuits claiming the mineral caused cancer in some consumers. Imerys Talc … Source: Claims Journal
Read MoreA.M. Best: Global Insurance Market Is Well Capitalized in the Face of COVID-19
Global insurers are well capitalized to absorb the hit from rising claims and costs related to the COVID-19 pandemic, ratings agency AM Best said on Monday, citing a stress test it conducted to gauge the immediate impact of outbreak on … Source: Claims Journal
Read MoreViewpoint: Pa. Supreme Court Hands Insurers ‘Small Victory’ on COVID-19 Litigation
Key Takeaways The Pennsylvania Supreme Court declined to exercise jurisdiction over all COVID-19 insurance coverage litigation. The decision relates to an application for extraordinary relief from a Pittsburgh-based restaurant seeking coverage for business income losses allegedly triggered by the COVID-19 … Source: Claims Journal
Read MoreZesty.ai Refines Fire Risk Model by Adding IBHS Data on Building Materials
Zesty.ai, a California insurtech start-up, is hoping to fine-tune fire-risk scores that sometimes can make it challenging for homeowners to find coverage. Marketing Director Nick Allain said the company wants to help insurers who might otherwise overlook fire-resistant structures that … Source: Claims Journal
Read MoreFederal Lawmakers Propose Heroes Compensation Act For Essential Worker Comp
A bipartisan group of federal lawmakers on Thursday unveiled a plan to compensate essential workers who fall sick of die from COVID-19, modeling the Pandemic Heroes Compensation Act after the September 11th Victim Compensation Fund. Reps. Carolyn B. Maloney, D-NY, … Source: Claims Journal
Read MoreZoom Sued by Church for Bible Class Hijacked by ‘Sick’ Porn
One of San Francisco’s oldest churches has joined the chorus of complaints that Zooming is not safe — with a lawsuit claiming its bible study class was “Zoombombed” with pornography. “The footages were sick and sickening — portraying adults engaging … Source: Claims Journal
Read MoreBid to Force Interruption Insurance to Cover Virus Shelved
BATON ROUGE, La. — Louisiana lawmakers won’t try to force business interruption insurance policies to cover the widespread closures caused by the COVID-19 pandemic. Sen. Rick Ward, a Port Allen Republican, scrapped the proposal Wednesday amid concerns it could crater … Source: Claims Journal
Read MoreU.S. Employers Wary of Coronavirus ‘Immunity’ Tests as They Move to Reopen
NEW YORK — U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces. Blood tests that check for antibodies to the new coronavirus have been … Source: Claims Journal
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