Tropical Storm Fay formed quickly off the coast of the Carolinas Thursday, but after rolling through New Jersey all day Friday the impacts of the storm will not be soon forgotten.
The COVID-19 pandemic has fast-tracked innovation in insurance claim management. Over the past few months, insurance carriers around the world have adjusted to remote working.
A water-main break led to major flooding and property damage early Thursday in a neighborhood near the Mesa in Santa Barbara, according to the Santa Barbara City Fire Department.
On July 2, 2020, an amended California Assembly Bill 1552 (Bill 1522 or the bill), which relates to commercial business interruption coverage of insured businesses during the ongoing COVID-19 pandemic, was referred to the California Senate Insurance Committee.
It will take several days to clean up a big mess left behind by a runaway tanker that ended up in a resident’s backyard. But Salt Lake fire officials say they are very grateful no one was injured in the Wednesday morning incident.
From boardrooms to stockrooms, companies of all shapes and sizes are grappling with COVID-19. Federal, state and local restrictions on commerce and travel have thrown the business world into disarray, threatening the ability of many companies to satisfy their contractual obligations.
If the weather system meandering through the Southeast develops, it will become Tropical Storm Fay, the sixth named system of the Atlantic hurricane season.
Some of the biggest cannabis companies, including Medmen Enterprises, Canopy Growth, CannTrust Holdings, Aphria Inc and Columbia Care, have faced shareholder litigation, accusing leaders of false claims, failing to act in the interest of all shareholders and attempts to defraud investors.
The final total is far from known for the insurance and reinsurance industry in terms of the cost of the pandemic crisis, but it is expected to be one of the most expensive event price tags in history.
Members of the claim management team should be empowered to engage injured employees, even when they are represented by an attorney, to try and settle workers’ compensation claims.
The first hint of the trouble to come popped up on radar at noon Monday — an unexceptional patch of light rain over an area from Clifton Heights to Glenolden, Delaware County.
Lloyd’s of London is calling for the creation of new insurance policies and government-backed funds to protect against future pandemics and global threats.
