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Novant vs. Insurer: Who should pay? Legal dispute is one of many across nation after hospitals filed claims for massive expenses and losses related to COVID-19 pandemic


Novant Health Inc. took in February 2020 what it considered to be a proactive financial step — acquiring a COVID-19-related insurance policy to cover expected and unexpected expenses and losses.
The policy was with American Guarantee and Liability Insurance Co. The insurer is a U.S. subsidiary of Zurich Insurance Group Ltd. that Novant has used in other policies.
The policy began Feb. 1, 2020, and lasted exactly a year. There was a liability limit of $1.5 billion, and Novant said it paid $2.21 million in premium costs during the coverage period.
The decision appeared prudent considering Novant has reported at least $470 million in pandemic-related expenses and losses just from March through June 2020. Novant said all of its 15 hospitals and 700 operations have been affected directly by COVID-19. ....

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Another Massive Explosion Rocks St. Vincent As Hot Ash Rains Down


by Tyler Durden
Monday, Apr 12, 2021 - 12:42 PM
La Soufriere volcano continues to erupt explosively and has now begun to generate pyroclastic density currents. Explosions and accompanying ashfall, of similar or larger magnitude, are likely to continue to occur over the next few days,  warned St. Vincent s emergency management organization (NEMO). 
Another eruption seen by @NOAASatellites GOES-16 at #LaSoufriere today. Happened around 8am UTC, 4am local time.
Per @uwiseismic this is associated with a large explosion and Pyroclastic flows. The ash cloud appears to reach approx. 17km (55,000ft) altitude. pic.twitter.com/AWkqxnYBEl
Simon Proud (@simon sat) April 12, 2021
The ash plume is headed for Barbados.  ....

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