Preventing Losses Due to Growing Cyber Crime During the Coronavirus Crisis April 15, 2020 By Elizabeth Blosfield The insurance industry needs to spend time educating clients on how to best protect themselves as cyber criminals continue to...
How Insurance Claims Pros Are Adjusting to Pandemic Complications April 15, 2020 By Jim Sams The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims...
Meat Plant Closures, Absenteeism Rise With Workers’ Fear of Coronavirus, Lack of Safety April 15, 2020 By Tom Polansek and Rod Nickel CHICAGO/WINNIPEG, Manitoba — At a Wayne Farms chicken processing plant in Alabama, workers recently had to pay the company 10...
Amazon Fires Two Employees Who Criticized Working Conditions at Warehouses April 14, 2020 Amazon.com Inc. said on Tuesday it terminated two employees, who criticized the working conditions at the e-commerce giant’s warehouses in...
Trump Tells Insurers to Pay Virus Claims If Pandemics Not Excluded April 14, 2020 By Jim Sams President Donald Trump has staked out his position in a legal battle over business-interruption claims: Unless the policy excludes pandemics,...
Court Revives Privacy Violation Claims Against Facebook for Tracking Users April 14, 2020 By Jonathan Stempel A federal appeals court last Thursday revived nationwide litigation accusing Facebook Inc. of violating users’ privacy rights by tracking their...
Employee Class Action Accuses McDonald’s of Climate of ‘Pervasive Sexual Harassment’ April 14, 2020 By Brendan Pierson McDonald’s Corp. has been hit with a class action lawsuit accusing it of subjecting female employees in its corporate-owned fast-food...
Suddenly There Is Big Demand for Pandemic Cover, Says Underwriter April 14, 2020 By L.S. Howard In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...
Warehouse Workers Risk COVID-19 Shipping Knick-Knacks, Luxury Goods April 14, 2020 By Chris Kirkham, Reade Levinson and Nandita Bose As U.S. authorities ordered shutdowns of non-essential businesses to fight coronavirus, retailer Nordstrom Inc. closed hundreds of stores and gave...
P/C Insurance Is Industry Least Likely to Default Due to Coronavirus: S&P Credit Analysis April 13, 2020 By Andrew G. Simpson Compared to others, the property/casualty insurance industry is weathering the coronavirus crisis rather well. The property/casualty insurance is the least-impacted...