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16 09, 2020

UK Businesses Wait to See if Their Insurers Will Appeal COVID-19 Insurance Ruling

By | September 16th, 2020|Uncategorized|Comments Off on UK Businesses Wait to See if Their Insurers Will Appeal COVID-19 Insurance Ruling

LONDON — Murray Pulman says he is as tough as they come, but battles with his insurer have left him close to tears after a coronavirus lockdown forced his family-run cafe The Posh Partridge to close. Pulman was counting himself …

15 09, 2020

London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims

By | September 15th, 2020|Uncategorized|Comments Off on London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims

LONDON — London judges have ruled that some of the world’s biggest insurers were wrong to reject thousands of claims from small firms battered by the COVID-19 pandemic, Britain’s Financial Conduct Authority (FCA) said on Tuesday. The FCA, which brought …

15 09, 2020

U.S. Court Upholds State Tax on Drugmakers to Defray Opioid Crisis Costs

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A federal appeals court on Monday cleared the way for New York state to collect about $200 million from drug manufacturers and distributors by imposing a surcharge on them to defray the costs of combating the opioid addiction epidemic. The …

15 09, 2020

Connecticut Sues Exxon for Deceiving Consumers About Climate Change

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Connecticut filed a lawsuit on Monday against oil giant Exxon Mobil Corp for misleading the public over the impacts of climate change, becoming the latest state to target the fossil fuel industry for violating state consumer protection laws. The state’s …

15 09, 2020

Pennsylvania Authorities Arrest Alleged Fraud Network Participants

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Pennsylvania authorities filed criminal charges on July 13 in Dauphin County against Kenneth Torres, Louis Torres, Ruth Negron-Acevedo, Juan Lopez-Barco and Philadelphia-based businesses EZ Multi-Services and Saul Auto Tags. According to the criminal complaints, the arrests stemmed from a multi-year …

15 09, 2020

Connecticut’s LL Global Hires Carroll to Lead National Accounts Team

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LL Global Inc., the Windsor, Conn.-based, non-profit parent organization for trade associations LIMRA and LOMA, has hired John Carroll to lead its National Accounts team. He will report to Sean O’Donnell, senior vice president of LL Global Member Relations and …

15 09, 2020

Insurers, Policyholders, Analysts React to UK’s Covid-19 Business Interruption Ruling

By | September 15th, 2020|Uncategorized|Comments Off on Insurers, Policyholders, Analysts React to UK’s Covid-19 Business Interruption Ruling

Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain’s Financial Conduct Authority (FCA) to clarify insurance coverage for covid-19 related business interruption claims. The FCA says the court brought …

15 09, 2020

Financial Conduct Authority Hails Business Interruption Ruling as Policyholder Win

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The Financial Conduct Authority said today’s High Court judgment in its coronavirus business interruption insurance test case found in favour of policyholders on the majority of the key issues. “Our aim throughout this court action has been to get clarity …

15 09, 2020

Bad Air From Western Wildfires Just Won’t Ease up

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Relief from putrid, dangerous air spewing from massive wildfires across the West won’t come until later in the week or beyond, scientists and forecasters say, and the hazy and gunk-filled skies might stick around for even longer. People in Oregon, …

15 09, 2020

Colorado Wildfire Destroyed 25 Residential Buildings, 54 Structures

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A month-old northern Colorado wildfire has destroyed 25 residential buildings and a total of 54 structures, the Larimer County Sheriff’s Office says. The fire near Red Feather Lakes has burned 160 square miles and was 4% contained but hasn’t grown …