The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims managers are coping with evolving government regulations and guidelines. Crawford & Co. says it has added a new step to …
CHICAGO/WINNIPEG, Manitoba — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10 cents a day to buy masks to protect themselves from the new coronavirus, according to a meat inspector. In Colorado, …
Amazon.com Inc. said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant’s warehouses in the wake of the coronavirus pandemic, for “repeatedly violating internal policies.” The termination of Emily Cunningham and Maren Costa, who …
President Donald Trump has staked out his position in a legal battle over business-interruption claims: Unless the policy excludes pandemics, insurers should pay. Trump spoke about the issue for a minute and a half during his daily coronavirus task force …
A federal appeals court last Thursday revived nationwide litigation accusing Facebook Inc. of violating users’ privacy rights by tracking their internet activity even after they logged out of the social media website. The 9th U.S. Circuit Court of Appeals in …
McDonald’s Corp. has been hit with a class action lawsuit accusing it of subjecting female employees in its corporate-owned fast-food restaurants in Florida to widespread sexual harassment. The lawsuit, filed on Friday in federal court in Chicago, says the company …
In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like buying property insurance when your house is on fire, according to Tracey Gibbons, senior vice president, Underwriting, at Third Point …
As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc. closed hundreds of stores and gave in-store workers three weeks’ pay, calling their safety its top priority. That benefit did not extend to Meagan Christensen, 34, …
Compared to others, the property/casualty insurance industry is weathering the coronavirus crisis rather well. The property/casualty insurance is the least-impacted industry by the coronavirus pandemic, at least so far, according to an analysis from S&P Global Market Intelligence. S&P compiled …
Goldman Sachs Group Inc. must face a shareholder class action accusing the bank of hiding conflicts of interest, including behind-the-scenes dealings with a prominent hedge fund manager, when creating risky subprime securities before the 2008 financial crisis. In a 2-1 …
