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Ukrainian Officials: Fires Out Near Chernobyl Nuclear Plant
KYIV, Ukraine — Ukrainian emergency officials said Tuesday they have extinguished forest fires in the radiation-contaminated area near the Chernobyl nuclear power plant, but acknowledged that grass was still smoldering in some areas. Hundreds of firefighters backed by aircraft have … Source: Claims Journal
Read MoreBig Wheat Growers Are Starting to Hoard Supply
The wheat market is starting to get shaken up by the ,. Panic buying of food might have largely eased at grocery stores, but governments are beginning to get more serious about securing supplies of key staples like grains. From … Source: Claims Journal
Read MoreWorld Economy Working From Home Gets a Glimpse of the Virtual Future
The lockdown gripping much of the world economy has spurred a real-time stress test of the long-heralded digital future. Virtual brown bag lunches have replaced office gatherings; schools have rushed out internet-based learning; the International Monetary Fund will this week … Source: Claims Journal
Read MoreLockdowns Cut Driving and Crashes, Bring Insurance Discounts
DETROIT — Interstates and city streets are empty and cars are quarantined in their owners’ garages, so consumer advocates argue that it only makes sense for auto insurance rates to reflect that. In the states of Washington and New York, … Source: Claims Journal
Read MoreCompanies Walk Legal Tightrope as Earnings Season Kicks Off
WASHINGTON — U.S. companies are grappling with how best to provide guidance on their earnings outlook as the novel coronavirus takes uncertainty to new heights and exposes them to potential shareholder lawsuits if forecasts prove misplaced. Measures to contain the … Source: Claims Journal
Read MoreAmazon Fires Three Critics of Warehouse Conditions in Pandemic
Amazon.com Inc said on Tuesday it had fired three critics of the company’s pandemic response for workplace violations, dismissals that drew sharp words from U.S. Senator Bernie Sanders and a labor coalition. The company on Friday fired two user experience … Source: Claims Journal
Read MoreAs Coronavirus Empties Streets, Speeders Hit the Gas
NEW YORK — Empty roads in the United States and Europe are tempting drivers to go out and shift into high gear. From Los Angeles to New York, London and Berlin, coronavirus lockdowns have drained traffic from normally crowded roads. … Source: Claims Journal
Read MoreAuto Claims Decline 40 to 50% as Consumers Stay Home, Snapsheet Says
Insurers are reporting a 40 to 50 percent drop in claims volume for personal auto and a 30 to 40 percent reduction for commercial auto due to the coronavirus pandemic, an executive for claims-automation provider Snapsheet said Tuesday. Chief Operating … Source: Claims Journal
Read MoreViewpoint: Why Physician Scoring Is a Win for Insurers, Employers, Workers – and Physicians
We live in a society ruled by rankings. Websites are devoted to them; YouTube careers have been built based upon them. Which players we select for fantasy teams, where our kids go to college, who can be trusted for a … Source: Claims Journal
Read MorePipeline Operator Sues Chesapeake Energy Over Payment Dispute
Pipeline operator Glass Mountain LLC is suing troubled oil and gas producer Chesapeake Energy Corp for allegedly defaulting on an oil transportation contract that had been renegotiated weeks earlier. Chesapeake, a shale gas pioneer, borrowed aggressively to buy and drill … Source: Claims Journal
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