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

Aggrieved Bettor Gets $20,000 in Unique Horse-Doping Lawsuit

NEW YORK — An aggrieved harness-racing bettor received $20,000 in the settlement of a first-of-its-kind lawsuit in which he claimed he was cheated out of his winnings when a doped horse won a race in New Jersey in 2016. After …

Inc. Magazine Unveils Its Annual List of America’s Fastest-Growing Private Companies—the Inc. 5000

Syndicate Claim Services, Inc. Ranks No. 2852 on the 2020 Inc. 5000 With Three-Year Revenue Growth of 139.77 Percent. New York, NY, August 12, 2020 – Inc. magazine today revealed that Syndicate Claim Services, Inc. is No. 2852 on its …

Claims People: Sedgwick, Lodestone Security and Global Risk Services

Sedgwick Appoints CEO and President Sedgwick, a Memphis-based national claims administrator, has promoted Mike Arbour as chief executive officer and Bob Peterson as president. Sedgwick said that Arbour is only the third CEO since Sedgwick was founded in 1969. He …

Panel Rejects Petitions to Consolidate COVID-19 Business-Interruption Claims

A federal court on Wednesday rejected two separate petitions to consolidate lawsuits filed by policyholders against insurers that denied COVID-19 business-interruption claims under a single judge, but said it might approve consolidation of other actions that make similar claims against …

Business Owners Can Sue Insurer Over Coronavirus Losses, Missouri Judge Rules

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. …

Ralph Lauren Sues to Recoup COVID-19 Closure Losses

Fashion firm Ralph Lauren Corp. is suing its insurer to recoup what it says has been a huge drop of two-thirds of its revenues in the first quarter alone due to the pandemic. Ralph Lauren Corp. (RLC) maintains that Factory …

One Dead, Seven Rescued After Gas Explosion Levels Baltimore Homes

BALTIMORE — A natural gas explosion destroyed three row houses in Baltimore on Monday morning, killing a woman and trapping other people in the debris. At least seven people were seriously injured, and firefighters were searching for more survivors. Dozens …

Powerful Derecho Leaves Path of Devastation Across Midwest

IOWA CITY, Iowa — A rare storm packing 100 mph winds and with power similar to an inland hurricane swept across the Midwest, blowing over trees, flipping vehicles, causing widespread property damage and leaving hundreds of thousands without power as …

Grounded Mauritius Ship Operator Apologizes for Oil Leak

The operator of a Japanese bulk carrier which ran aground off Mauritius in the Indian Ocean apologized on Sunday for a major oil spill which officials and environmentalists say is creating an ecological disaster. The MV Wakashio, operated by Mitsui …

Inspector General To Audit U.S. Oversight of Auto Safety Standards

WASHINGTON — The Transportation Department’s Office of Inspector General said on Tuesday it would audit oversight of U.S. vehicle safety standards, noting that more than 36,000 Americans were killed in traffic accidents in 2019. The inspector general’s office said it …