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Release Of Claims Fails To Block ERISA Lawsuit

Release Of Claims Fails To Block ERISA Lawsuit

A recent case of interest involved a plaintiff who worked at an IKEA store for twenty five years. During his employment, he enrolled in and received basic and supplemental term life insurance coverage, and his spouse maintained coverage as a dependent.
April 30, 2021 Life & Health Litigation

Property Damages And Four Dead After Flash Flooding In Nashville

Property Damages And Four Dead After Flash Flooding In Nashville

Some of the heaviest rainfall in Nashville’s history caused flooding that killed at least four people over the weekend.
March 29, 2021 Life & Health Property Tennessee

Louisiana Insurance Commission Recovers $22M For Consumers

Louisiana Insurance Commission Recovers $22M For Consumers

After hundreds of complaints about insurance providers to the Louisiana Department of Insurance mostly related to hurricane season damages, the state recovered more than $22 million for policy holders in 2020.
February 3, 2021 Legislation & Regulation Life & Health Property Louisiana

4th Of July Claims Underwriters Fear Most

4th Of July Claims Underwriters Fear Most

Every year we gather ’round for fireworks and fun, but did you know the 4th of July is considered one of the most dangerous holidays in the United States?
July 2, 2020 Life & Health Property

Recall Alert: Bagged Salad Recall Expanded To Include Walmart Products Amid Cyclospora Outbreak

Recall Alert: Bagged Salad Recall Expanded To Include Walmart Products Amid Cyclospora Outbreak

A recall of bagged salads believed to be linked to an intestinal parasite outbreak across multiple states has been expanded to include products sold at some Walmart locations.
June 30, 2020 Life & Health Subrogation Iowa Michigan Minnesota Nebraska North Dakota

U.S. Secret Service: Massive Fraud Against State Unemployment Insurance Programs

U.S. Secret Service: Massive Fraud Against State Unemployment Insurance Programs

A well-organized Nigerian crime ring is exploiting the COVID-19 crisis by committing large-scale fraud against multiple state unemployment insurance programs, with potential losses in the hundreds of millions of dollars, according to a new alert issued by the U.S. Secret Service.
May 21, 2020 Fraud Life & Health

Virus-Death Surge May Mean $7.2 Billion In Life Insurance Claims

Virus-Death Surge May Mean $7.2 Billion In Life Insurance Claims

U.S. life insurers may face as much as $7.2 billion in claims if coronavirus deaths rise to the high end of projections of 150,000, according to Aite Group LLC.
The estimate includes costs for policyholders between the ages of 56 and 74, which are projected to reach as much as a combined $4.1 billion for individual and group plans, the researcher said in a study released Thursday.
April 30, 2020 Life & Health

Coronavirus Should Finally Smash The Barriers To Telemedicine

Coronavirus Should Finally Smash The Barriers To Telemedicine

Under normal circumstances, internist Jenni Levy makes house calls, checking on patients with chronic conditions and serving as what she calls “rolling urgent care.”
April 14, 2020 Legislation & Regulation Life & Health Technology Workers' Compensation

Cybercriminals Exploiting COVID-19 To Spread Their Brand Of Viruses

Cybercriminals Exploiting COVID-19 To Spread Their Brand Of Viruses

The mounting threat of COVID-19 has placed the healthcare system of many nations under a huge amount of pressure, and cybercriminals could be exploiting this to spread viruses - but instead of biological ones, these are computer viruses.
March 20, 2020 Life & Health Risk Management Technology

How COVID-19 Is Changing Virtual Medical Assessments

How COVID-19 Is Changing Virtual Medical Assessments

Virtual medical assessments could play a significant role in keeping the insurance industry moving along during the COVID-19 pandemic. But conducting such procedures will be changing as people are urged to stay home.
March 17, 2020 Life & Health Technology

Employers Balance Coronavirus Disclosure with Privacy

Employers Balance Coronavirus Disclosure with Privacy

Numerous privacy lawyers tell us they’re seeing a growing number of frantic requests from employers about disclosure protocol related to the coronavirus outbreak.
March 13, 2020 Life & Health Risk Management

S&P Estimates a Severe Coronavirus Outbreak in US Could Cost $90 Billion in Insured Medical Expenses

S&P Estimates a Severe Coronavirus Outbreak in US Could Cost $90 Billion in Insured Medical Expenses

A severe coronavirus pandemic in the U.S. could cost the nation’s health insurers roughly $90 billion in medical claims, leading to losses that could force some insurers to tap into reserves to pay those costs, according to a new analysis from S&P Global analysts.
March 13, 2020 Life & Health

Consumers Panic Shopping For Life Insurance In The Face Of Coronavirus

Consumers Panic Shopping For Life Insurance In The Face Of Coronavirus

The panic shopping for coronavirus planning doesn’t end with food, water and toilet paper. Some consumers are also panic shopping for life insurance. In the face of widespread fears about infections and quarantines, many Americans are getting their financial houses in order.
March 13, 2020 Life & Health

Insurers Face Double Whammy From Coronavirus Crisis

Insurers Face Double Whammy From Coronavirus Crisis

Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy - a sharp rise in payouts at a time of big investment losses.
March 13, 2020 Catastrophe Liability Life & Health

Coronavirus Is Ripping Away Health Insurance for Hourly Workers

Coronavirus Is Ripping Away Health Insurance for Hourly Workers

Alma Quiroz is a housekeeper at the Edgewater Hotel in Seattle, one of the country’s biggest hotspots for COVID-19, commonly known as the coronavirus. Her work schedule has recently been cut from 40 hours per week to just eight hours. With a reduced schedule comes the threat that she will also lose health insurance benefits from working at least 80 hours each month.
March 13, 2020 Life & Health
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