As we move toward the colder months, entire industries are still suffering from one of the greatest recessions in history. As businesses deal with the decline in revenue and profits, the fall out of COVID-19 is far from over. It’s still unclear how long it will take to recover from the rapid shutdown of businesses and job loss. The Carlson Law Firm has been steadily working to inform businesses about their insurance policies and what they could likely cover.

If your business is suffering revenue or profit losses, understanding what you need to do is important to get the compensation you are owed.

Industries most affected by COVID-19
As a major travel destination with a billion-dollar sports team, San Antonio has felt the ripple effects of COVID-19.


Hotel Industry
As conferences, conventions, and leisurely travel plans have slowed, the San Antonio hotel industry has suffered significantly from COVID-19 losses. On a national scale, occupancy rates are less than 50%—well under what most hotels need to survive.

Entertainment
The sports world has adjusted to the current pandemic by holding events without fans. The NBA’s bubble is just one extreme example of how some areas of entertainment are adapting. It has, however, been much more difficult for the movie theater industry to adapt. Months of closures, direct-to-streaming options becoming more common, fewer movies showing in theaters, and less attendance, the theater industry may be more reliant on business interruption policies than others.

Healthcare Industry
Many people are avoiding hospitals and clinics to avoid contracting the coronavirus. As the coronavirus pandemic rages on, hospitals have taken major hits because elective surgeries aren’t happening. Elective surgeries account for a significant portion of hospital revenue. In addition, dental clinics and other health clinics are also taking substantial losses from the historic financial decline in healthcare

The Colorado Department of Labor and Employment has set Oct. 26 as the new deadline by which people on unemployment must certify their eligibility if they want to claim Lost Wages Assistance program payments.

State officials estimate that between 70,000 and 80,000 Coloradans eligible for the program known as LWA have not called or logged into the state’s automated system to certify that they were out of work because of the COVID-19 pandemic during the period the program covers.

That certification is required for people who are collecting state benefits to claim the $300 per week in extra support, up to $1,800 total, for the weeks between July 26 and Sept. 5.

The Federal Emergency Management Agency awarded Colorado $553 million to pay eligible people through the LWA program. So far the state has sent out about $350 million in payments, labor department deputy executive director Cher Haavind said, leading officials to extend the certification period by a few weeks.

“We certainly don’t want these funds to go to waste, and we want individuals who could benefit from these additional funds to take advantage of this program,” Haavind said.

The state is planning an outgoing call and email campaign to reach eligible people.

Source Article

(This story has been updated with additional information.)

FLINT, MI — A federal lawsuit filed on behalf of Flint children claims three companies that helped finance Flint’s participation in the Karegnondi Water Authority are partly responsible for the city’s water crisis.

The lawsuit, filed Wednesday, Oct. 7, in U.S. District Court, says J.P. Morgan Chase & Co., Wells Fargo Bank National Association, and Stifel, Nicolaus, and Company, Inc., pushed ahead with bonding to finance construction of a new water pipeline to Lake Huron while knowing the city would use the Flint River as its short-term source of drinking water and of the resulting hazards to residents’ health.

Without the bond financing, Flint would not have been able to join the KWA and tap into its new pipeline, the lawsuit alleges, the KWA would not have been able to start construction of the project, and the city would never have switched its water source to the river.

Flint was initial partner in the KWA, agreeing to buy a set amount of raw water from the new pipeline, but unlike Genesee County, the other primary partner, the city stopped purchasing pre-treated water from the city of Detroit before the pipeline was built, switching instead to treating its own river water during parts of 2014 and 2015.

The city’s change in water source triggered the water crisis, sending highly corrosive water through the distribution system, including thousands of lead and galvanized service lines to homes, causing elevated levels of lead and bacteria in tap water.

State appointed emergency managers were charged with running the city’s affairs at the time bonding was secured for the pipeline project.

“J.P. Morgan Chase, Wells Fargo, and Stifel knew … that the Flint River would be used as an interim source of drinking water for Flint for the

LOS ANGELES, CA / ACCESSWIRE / October 4, 2020 / Compare-autoinsurance.org ( https://compare-autoinsurance.org/ ) has launched a new blog post that presents several pieces of information drivers need to know when making a car insurance claim.

For more info and free car insurance quotes, visit https://compare-autoinsurance.org/car-insurance-claim-guide-how-and-when-you-should-file-a-claim/.

For drivers who haven’t been through a claims process before it can be tricky to know what to do. Depending on what type of claim it is, the policyholder might need to talk to its own insurance company’s claims department and the insurance claims department of the other person, if there was a car accident. Common car insurance claims include rear-end crashes, windshield damage, backup accident, damage to a parked vehicle, vandalism, hail damage, theft, animal collision, personal injury, and others. Many of the most common claims can cost a couple of thousand dollars. However, some can cost tens of thousands if not hundreds of thousands of dollars. Being prepared for some of the most common car insurance claims can help drivers avoid a financial blow if they need to make a claim.

When dealing with a car insurance claim, drivers should know the following:

  • When is not recommended to file a claim. The insurance rates won’t go up for drivers that make a claim for an accident they weren’t responsible for. Policyholders that have a comprehensive claim are advised to pay out of their pockets if the damage doesn’t exceed their comprehensive deductible. In case of a minor at-fault car accident, policyholders can work something out with the other party and pay out of their pockets to avoid dealing with the insurance company. By not reporting a small accident to the insurance company, policyholders can avoid having their car insurance rates increased.
  • How to file a claim. In most cases, at-fault drivers



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Health Insurance Plans: From 1st October 2020, a lot of changes related to one’s personal finance is changing. These changes will have a direct impact on one’s pocket and regular expenses. Health insurance plans are one such area that is going to change completely from next month i.e. from 1st October 2020. From this date insurance companies won’t be able to reject insurance claims with ease. 

If a health insurance plan holder has paid a policy premium for eight years, then the insurance company can’t reject the insurance claim in the wake of a loophole in the claim. Now a health insurance plan will cover the maximum number of diseases, however, it will lead to a rise in the health insurance policy premium.

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Major changes from 1st October in the insurance sector

1] Coverage of the number of diseases will get increased;

2] Major diseases outside the health insurance policy will be the same for all insurance companies;

3] Major diseases outside health insurance plan will come down to 17 only;

4] If the major diseases outside plan is 10, then health insurance premium will come down as well;

5] If the major diseases outside plan is 30, then health insurance premium for such plans will go up;

6] In new health insurance products, insurance premium is expected to go northward from 5 per cent to 20 per cent;

7] Psychiatric, genetic and neuro diseases will also get covered in health insurance plans;

8] Neuro disorder, oral chemotherapy, robotic surgery and stem cell therapy will also get covered under health insurance plans.

Terms and conditions for pre-exit

1] A disease pointed out by the doctor before 48 months will be considered for pre-existing under the health insurance plan;