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

Viewpoint: The Coronavirus’ Impact on Property Losses and Subrogation Claims

Will COVID-19 impact subrogation? Like so much else, the answer is “yes.” The global effect of COVID-19 is unlike any event in human history. More than 4 billion people—over half of the world’s population—are currently under confinement measures. In just …

Economic Loss Rule Bars Insurer Recovery for Utility’s Damaged Turbine

The economic loss rule established by Texas courts bars recovery for an insurance company that sought nearly $8 million in damages from a company that installed faulty software that led to extensive damages to an electric utility’s generating equipment, a …

Buffett’s Geico Offers $2.5 Billion Credits as Coronavirus Cuts Driving

Geico Corp, part of billionaire Warren Buffett’s Berkshire Hathaway Inc, said on Tuesday it will offer about $2.5 billion of credits to its 19 million auto and motorcycle policyholders, reflecting the decline in driving stemming from the coronavirus pandemic. The …

Estate of Walmart Worker Who Died From COVID-19 Sues for Wrongful Death

The family of a Walmart Inc employee in Illinois who died after contracting COVID-19, the illness caused by the novel coronavirus, has filed a lawsuit accusing the retail giant of failing to adequately screen and protect workers. The lawsuit filed …

Calif. DMV Approves Test of Autonomous Deliveries

California’s Department of Motor Vehicles on Tuesday authorized autonomous technology startup Nuro to test two driverless delivery vehicles in nine cities, a decision that comes as coronavirus concerns lock down many in the state. U.S. companies that deliver groceries, household …

You’ve Been Served: Court Notices Carry New Risks Amid Virus

Even in the best of the times, not many people are happy to see a process server. The people who hand-deliver court paperwork — including divorces, evictions, and lawsuits — are accustomed to being threatened and cursed at. Now, they …

Zoom Sued for Fraud Over Privacy, Security Flaws

Zoom Video Communications Inc. was accused by a shareholder of hiding flaws in its video-conferencing app, part of a growing backlash against security loopholes that were laid bare after an explosion in worldwide usage. In a complaint filed Tuesday in …

Monthly Loss of $431 Billion Spurs Insurance Claims Across U.S.

Barbara Snowden dreamed of opening a wig shop to help women who’d lost their hair during chemotherapy feel better as they battled cancer. In November, she beamed at the grand opening of Hair Goals Club in the Houston suburb of …

Claims Pros Adjusting to Lower Volumes, Pandemic Complications

The coronavirus pandemic has not shut down the day-to-day business of adjusting claims, but the workload is lighter and claims managers are coping with evolving government regulations and guidelines. Crawford & Co. says it has added a new step to …

When Employees Work From Home: Work Comp Subrogation and the Remote Employee

When employees work remotely from home or other locations, the normal rules of course and scope can become complicated and confusing. The same is true of subrogation potential. When the employee is injured in their home, subrogation targets tend to …