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Dentist says COVID-19 lockdowns caused physical loss in response to insurer's motion for judgment


Green
Mascoutah dentist Erik Taube argues that his lockdown loss suit against insurer Twin City Fire Insurance Company should not be dismissed because his claims survive the virus exclusion and the closures resulting from government orders caused physical losses of property.
Taube filed his response to Twin City’s motion for judgment on April 9 arguing that under the defendant’s assertion that coverage only exists if the business is physically infiltrated with the virus, he is faced with a Catch-22 in order to recover damages.
“Plaintiff would have to keep the property fully open in defiance of governmental orders and guidance to allow for an infiltration that triggers coverage, but doing so would likely constitute a failure to use reasonable means to save and preserve the property from further damage, thereby triggering the exclusion,” the response states. ....

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Linux Foundation launches blockchain-based platform for insurance


News
The Linux Foundation, the nonprofit technology consortium that supports the Linux operating system, is backing a new blockchain-based project for the insurance industry.
On Monday, the foundation announced the launch of the Open Insurance Data Link platform, a project that aims to reduce the cost of insurance reporting and create a standardized insurance data repository using distributed ledger technology.
OpenIDL is a joint initiative of the Linux Foundation and the American Association of Insurance Services, a national insurance advisory organization in the United States. The open-source project brings together major global insurance firms like The Hanover and Selective Insurance Group, as well as technology and service providers like MOBI, Chainyard and KatRisk to participate in a common DLT platform to share data and business processes in the insurance industry. ....

United States , Isaac Kunkel , American Association Of Insurance Services , Selective Insurance Group , Linux Foundation , Open Insurance Data Link , American Association , Insurance Services , ஒன்றுபட்டது மாநிலங்களில் , ஐஸ்யாக் குங்கல் , அமெரிக்கன் சங்கம் ஆஃப் காப்பீடு சேவைகள் , தேர்ந்தெடுக்கப்பட்ட காப்பீடு குழு , லினக்ஸ் அடித்தளம் , அமெரிக்கன் சங்கம் , காப்பீடு சேவைகள் ,