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13 08, 2020

Panel Rejects Consolidation of Covid Business Loss Suits But Eyes Insurer-Based Grouping

By | August 13th, 2020|Uncategorized|Comments Off on Panel Rejects Consolidation of Covid Business Loss Suits But Eyes Insurer-Based Grouping

The legal panel on multidistrict litigation (MDL) has denied a proposal to consolidate cases brought by multiple businesses against various insurers for coronavirus-related business losses has denied motions to consolidate The U.S. Judicial Panel on Multidistrict Litigation panel rejected the …

13 08, 2020

Former Wirecard Executive Marsalek Placed on Interpol’s Most Wanted List

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Former Wirecard AG executive Jan Marsalek was added to Interpol’s red notice list, sparking a worldwide manhunt for one of the executives allegedly at the center of a multibillion-euro accounting scandal at the fintech company The move alerts police worldwide …

13 08, 2020

AIG Promotes McElroy to CEO of North America General Insurance

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American International Group announced that David McElroy, currently president and chief executive officer of the North American operations of General Insurance, has been promoted to chief executive officer, General Insurance, and executive vice president, AIG, effective immediately. McElroy will lead …

12 08, 2020

Oklahoma Lawmaker to Study COVID-19 Impact on Employment, Wages

By | August 12th, 2020|Uncategorized|Comments Off on Oklahoma Lawmaker to Study COVID-19 Impact on Employment, Wages

A state lawmaker in Oklahoma is launching an interim study on how COVID-19 has affected employment and wages in that state. State Rep. Forrest Bennett, D-OKC, said in a media release that he hopes to focus the study on what …

12 08, 2020

North Carolina Extends Business, Event Restrictions Until Mid-September

By | August 12th, 2020|Uncategorized|Comments Off on North Carolina Extends Business, Event Restrictions Until Mid-September

North Carolina’s COVID-19 restrictions keeping some businesses with higher risks for spreading the virus closed and mass gatherings severely limited will remain in place for another five weeks, Gov. Roy Cooper announced last week. Cooper’s current executive order, which also …

12 08, 2020

Wetlands Loss Suits Against Oil Companies to Stay in Louisiana State Courts

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Oil companies facing lawsuits that blame them for coastal wetlands loss in Louisiana have lost an attempt to move the suits to federal court. The 5th U.S. Circuit Court of Appeals in New Orleans on Aug. 10 upheld a decision …

12 08, 2020

Analysis: Louisiana Nursing Homes Have Coronavirus Vulnerability from Staff

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As Louisiana tries to protect vulnerable nursing home residents from coronavirus outbreaks, the facilities still have a significant source of risk for new infections. Hundreds of employees coming and going each day have refused to take a virus test. Gov. …

12 08, 2020

Pipeline Operator Sued Over Deadly Explosion in Kentucky by 80-Plus Victims

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A lawsuit filed on behalf of those who were injured or who had property damaged in a fatal Kentucky pipeline explosion alleges the operator failed to maintain and repair the line. The lawsuit filed July 30 by Danville attorney Ephraim …

12 08, 2020

Judge Allows Businesses’ Lawsuits Against Insurer Over Coronavirus Losses

By | August 12th, 2020|Uncategorized|Comments Off on Judge Allows Businesses’ Lawsuits Against Insurer Over Coronavirus Losses

A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier for business interruption losses caused by the coronavirus pandemic, which they say caused a “direct physical loss” to their premises. …

12 08, 2020

California Workers’ Comp Committee OKs 2021 Pure Premium Filing

By | August 12th, 2020|Uncategorized|Comments Off on California Workers’ Comp Committee OKs 2021 Pure Premium Filing

The governing committee of the Workers’ Compensation Insurance Rating Bureau of California voted on Wednesday to authorize the WCIRB to submit a Jan. 1, 2021 advisory pure premium rate filing to the California Insurance Commissioner that are on average roughly …