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

Abandoned Oil and Gas Wells Endangering Pennsylvania Forests

PITTSBURGH (AP) — Ten thousand acres of Pennsylvania’s only national forest have given way, tree by tree, over the last 70 years to an oil drilling operation unique in its scope in the northeastern United States. A network of wells, …

Business News: Charles Taylor, Verisk and Starr Aviation

Charles Taylor Expands Marine Technical Services Insurance services company Charles Taylor has expanded its marine technical services offering by integrating Bowditch Marine, Pilot Marine and the marine surveyors of Charles Taylor Adjusting U.S. As of April 1, the adjusting team …

Viewpoint: 6 Ways to Handle Work Comp Claims for Coronavirus; Only 1 Makes Sense

Workers’ compensation disability claims based on COVID-19 are already rolling in and thousands more are expected. Here are six approaches to handling these claims: Act based on “gut reaction.” It just seems intuitively “right” to cover nurses and doesn’t feel …

Trump Tells Insurers to Pay Virus Claims If Pandemics Not Excluded

President Donald Trump on Friday staked out his position in a legal battle over business-interruption claims: Unless the policy excludes pandemics, insurers should pay. Trump spoke about the issue for a minute and a half during his daily coronavirus task …

Insurers Chartering Flights to Ship Gold to Ease Supply Logjam

Insurance firms have started covering charter flights to carry gold, helping to ease logjams in the bullion supply chain that caused prices to diverge sharply in different markets, the London Bullion Market Association said on Thursday. Gold is usually moved …

Railroads Push Against Oil Industry Demands for Storage in Rail Cars

NEW YORK — Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to safety concerns, sources said, even as the number of places available to stockpile oil is rapidly dwindling. Oil demand …

Judge Refuses to Approve Fire Victims Letter Attacking PG&E

BERKELEY, Calif. — A federal judge has refused to put his stamp of approval on a letter to Northern California wildfire victims from attorneys who allege that Pacific Gas & Electric may be breaking its promises as it tries to …

U.S., U.K. Issue Alert on Growing Use of Covid-themed Hacks

Coronavirus-themed phishing attacks have become so pervasive that the governments of the U.S. and U.K. issued a joint warning Wednesday about their growing use. Advanced hacking groups seek to further “long-standing priorities” including espionage and “hack and leak” campaigns while …

Deaths Expose Fears for Strength of U.S. Food-Supply Chain

Some of the workers who help produce America’s food are starting to die because of the coronavirus. At least three people who worked at plants owned by top U.S. meat packer Tyson Foods Inc. and a local unit of Brazil’s …

Viewpoint: With Sailors Stranded, Shippers Face a Hard Choice

Before the pandemic, 100,000 seafarers traveled in and out of the world’s ports every month. Some had spent weeks or months aboard the cargo ships, tankers and other merchant vessels that are essential to moving products and commodities across the …