Liberty Mutual reports loss on cats, event cancellations On Business Insurance - August 6, 2020 Liberty Mutual Holdings Co. reported a $320 million net loss in the second quarter of 2020 compared with a $397 million profit in the same period last year largely due to event cancellation losses from COVID-19, natural catastrophes and civil unrest, the insurer reported Thursday.  In addition, the effect of the pandemic on the economy hurt the insurer’s investment results. Link To Article

Swarm of New York restaurants sue insurers for COVID-19 cover On Business Insurance - August 4, 2020 A group of about 50 New York restaurants, ranging from high-end dining establishments to an iconic bagel shop, are suing their insurers for hundreds of millions of dollars in damages in a suit alleging their coronavirus-related business interruption claims were wrongly denied.   The restaurants assert they sustained direct physical losses from the pandemic and had to partially reconstruct their properties to adapt to serving customers under restrictive reopening rules. Link To Article

56 Workers Positive for Coronavirus at Alaska Seafood Plant On Insurance Journal - July 30, 2020 A seafood processing plant in Anchorage, Alaska has found 56 employees tested positive for COVID-19, marking the latest outbreak in the industry, health officials said.   The Anchorage Health Department announced Friday that testing was conducted between July 17 and July 22, and more workers could test positive as 30 test results are still pending. Link To Article

Dulich Added to California Workers’ Comp Ethics Advisory Committee On Insurance Journal - July 21, 2020 California Division of Workers’ Compensation Administrative Director George Parisotto has appointed Jill A. Dulich to serve as a member of the Workers’ Compensation Ethics Advisory Committee.   Dulich will fill the position of a member of the public representing self-insured employers, previously held by Jim Zelko. Link To Article

More Other Claims News

July 21, 2020 - Los Angeles Mayor Concedes City Reopened Too Soon as Virus Surges

July 13, 2020 - No Guarantee of Workers’ Comp Benefits For Essential Workers

July 9, 2020 - Warehouse management firm partially at fault for injury: Court

July 6, 2020 - Pastoral activities not volunteer work for comp purposes

July 3, 2020 - 10 pandemic-related challenges likely to plague employers in the future

July 2, 2020 - Man blinded in assault by former co-worker denied comp

Other Claims News Archive