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

Willis: COVID-19 Losses Offset by Reduced Claims for Auto Lines

If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. If not, the industry may be on the verge of an historic catastrophe. A …

Amazon Says It Will Risk Loss to Cover Jump in Pandemic Spending

Chief Executive Officer Jeff Bezos normally uses the company’s earnings report to extol the virtues of Alexa or the benefits of Prime. On Thursday, he told investors to hold on tight as his company navigates “the hardest time we’ve ever …

Historian Compares COVID-19 With Past Pandemics

Newswise — George Dehner might take exception to those who say the COVID-19 pandemic is unprecedented. “This pattern of the appearance of a novel infection that spreads pandemics is as old as a human story. Once we began to settle …

Wildfires Pose Heightened Risk to Venezuelan Crude Output

Wildfires during Venezuela’s dry season are posing heightened risk to crude output this year due to lack of maintenance in state-owned oil company’s PDVSA’s oilfields and fuel shortages leaving firefighters without fuel, according to interviews with a half-dozen workers and …

U.S. Labor Secretary Defends Workplace Safety Record During Pandemic

U.S. Labor Secretary Eugene Scalia on Thursday defended his department’s handling of workplace safety during the coronavirus pandemic, saying “the cop is on the beat” in response to union criticism about a lack of directives to protect workers. In a …

Republicans Push For Coronavirus Lawsuit Immunity For Business

The top Republicans in the U.S. Congress displayed a united front on Friday in their drive to include coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation. Senate Majority Leader Mitch McConnell …

How Petplan slashed labor costs by 15% in 2 weeks by digitizing their claims solution with EasySend

Tel Aviv, Israel, May 1, 2020 – By digitizing manual documentation gathering, PetPlan achieved a 15% reduction in labor costs, better customer experience, and reduced claims cycle by 2 business days. “It was amazing. We went from verbal discussions to …

Mitchell Survey Finds Cost Containment is the Driving Factor for Adopting Advanced Technologies in Workers’ Compensation

San Diego, CA, May 1, 2020 – Mitchell, a leading supplier of technology, connectivity and information solutions to the Property & Casualty (P&C) claims and Collision Repair industries, today announced the results of a survey of about 100 workers’ compensation …

Confirmed Coronavirus Cases Surge In Reopened JBS Colorado Beef Plant

COVID-19 cases at a JBS meatpacking plant in Colorado have more than doubled “in a number of days” and a sixth employee died of the virus, a union official said on Thursday, underscoring the risks of U.S. meat plants reopening. …

Body Shop Still Swinging After 3 Losses Against Insurers in Ohio Courts

A Columbus, Ohio auto body shop, for the third time, has lost an attempt to pocket money paid to it by an auto insurer for vehicle repairs that were never made. The 10th District of the Ohio Court of Appeals …