Monthly Archives: <span>March 2020</span>

Ford’s Plan to Gradually Reopen U.S. Factories Concerns UAW

Ford Motor Co.’s plan to restart production at some of its most important U.S. plants roughly a month after they shut down will have to overcome immediate skepticism from the United Auto Workers union. After halting North American production as …

Insurers Brace For Coronavirus Hit to ‘Event Driven’ D&O Line

What may be the first U.S. securities lawsuits alleging misdeeds related to coronavirus were filed this month — one against a cruise line and another against a pharmaceutical company that claimed to have developed a vaccine for COVID-19. There are …

PG&E Fire Victims Warn Market Turmoil Endangers Their Settlement

Market turmoil from the coronavirus is spilling into the bankruptcy of California power giant PG&E Corp. Victims of wildfires blamed on PG&E’s equipment are concerned the sell-off on Wall Street could hobble stock payments that make up half of a …

Native American Casino Owner Sues Lloyd’s, AIG Over Coronavirus Losses

A Native American tribe on Tuesday sued a group of insurance companies, asking a court to declare that losses it is incurring from shutting down its casinos during the coronavirus pandemic are covered by insurance. Among the defendants named in …

The Pandemic Has Started Weakening the World’s Weather Forecasts

The pandemic that has idled scores of commercial flights is having a little-noticed consequence for meteorologists, whose forecasts rely in part on data collected from planes. That means a crucial eye in the sky has weakened just as spring flood …

Two Fiat Chrysler Workers Die After Positive Coronavirus Tests

Two workers at Fiat Chrysler Automobiles NV factories who tested positive for the coronavirus have died, according to the United Auto Workers union. One of the employees worked at Fiat Chrysler’s truck assembly plant in Sterling Heights, Michigan, and the …

Vital But Vulnerable, Cleaners Hold the Line Against a Virus

NEW YORK — When hospitals need to prep a room for the next coronavirus test, when jetliners discharge their passengers at the gate, when suburbanites start to take sanitary precautions more seriously, the call goes out: Send in the cleaners. …

Louisiana Flood Victims Owed Over $300 Million Sue State

BATON ROUGE, La. — A group of Louisiana flood victims who have been owed over $300 million for the past decade have filed a lawsuit against the state for failure to pay. The Advocate reports that Tangipahoa Parish home and …

Utah Residents Still Reporting Damage Days After Earthquake

SALT LAKE CITY — Five days after a magnitude 5.7 earthquake shook parts of Utah, residents continue to report damage. The Greater Salt Lake Municipal Services District asked those within its boundaries to submit online notices of home or business …

Insurer Paid Claim to Avoid Bad Faith; Reimbursed Because of Misrepresentation

The 10th Circuit Court of Appeals endorsed a clever way for an insurer to avoid a bad faith claim where there were potential misrepresentations in the policy application. In Evanston Insurance Company v. Aminokit Labs, Inc., the court affirmed a …