Monthly Archives: <span>March 2020</span>

Judge Declines to Dismiss Class-Action Suit Against New Hampshire Gun Manufacturer

A judge has denied a motion to dismiss a class-action lawsuit against New Hampshire based gun manufacturer SIG Sauer. Judge Joseph Laplante found Monday that Derick Ortiz, who filed the lawsuit in September, had adequately proved his standing for litigation, …

Aetna Waiving Patient Co-Pays for Coronavirus Hospital Stays

One of the nation’s biggest health insurers is waiving patient payments for hospital stays tied to the coronavirus. CVS Health’s insurer Aetna said Wednesday that many of its customers will not have to make co-payments or other forms of cost …

Employers Deploy Spy Software to Monitor At-Home Workers

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 …

Lloyd’s Faces COVID-19 Claims from Multiple Insurance Lines, Says CEO Neal

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 …

Blenheim Gets Initial Approval from Lloyd’s to Launch New Managing Agency

Blenheim Underwriting announced it has been granted ‘approval in principle’ by the Lloyd’s board to establish a new managing agency. Blenheim said it can now submit an application to the Prudential Regulation Authority (PRA) and the Financial Conduct Authority (FCA) …

China’s Factories Hit with 2nd Blow from Coronavirus as External Demand Drops

Since last week, emails from foreign clients have been flooding into export manager Grace Gao’s in-box, asking to delay orders already made, putting goods ready to be shipped on hold until further notice, or asking for payment grace periods of …

Former Lloyd’s CEO Beale to Become Chair of South Africa’s Mediclinic

Mediclinic International Plc has appointed former chief executive of Lloyd’s of London, Inga Beale, as an independent non-executive director and its next chairwoman, the company said on Friday. Beale will succeed Chairman Edwin Hertzog after his retirement on July 22, …

COVID-19 Quarantined Doctors Turn to Telemedicine to Keep Seeing Patients

Marie-Pascale Schuller started feeling sick last week. The 57-year-old doctor specializes in respiratory illnesses, and she had a strong suspicion as to what her fever, cough and aches meant. She wanted to keep seeing patients without the risk of exposing …

Florida Insurers Omega, Tower Hill Select to Merge into Tower Hill Signature

A proposed merger of Florida-based insurers Omega Insurance Co. and Tower Hill Select into Tower Hill Signature Insurance Co. has been approved by Florida regulators. The Florida Office of Insurance Regulation approved the merger March 25 following a complete review, …

West Virginia Nursing Home Now ‘Ground Zero’ for Virus

A West Virginia nursing home with at least 20 coronavirus cases has become “ground zero” for the state’s growing virus caseload, officials said Wednesday. Carl Shrader, medical director for the Sundale nursing home in Morgantown, said 16 residents and four …