Special Coverage: COVID-19
Posted: May 28, 2020
An outbreak of coronavirus cases at a Kentucky nursing home forced the evacuation of dozens of residents to hospitals, state officials said Tuesday. Thirty-nine residents and 20 staff members at Nazareth Clifton in Louisville tested positive for the virus last …
Posted: May 28, 2020
Security experts at Alphabet Inc.'s Google sent 1,755 warnings in April to users whose accounts were targets of government-backed attackers, following a resurgence in hacking and phishing attempts related to the coronavirus outbreak.
Posted: May 28, 2020
The owner of a business that hosted crowded pool parties over the Memorial Day weekend at Missouri’s Lake of the Ozarks says no laws were broken and safety measures were in place to protect against the spread of the coronavirus. …
Posted: May 28, 2020
A lawsuit filed against Fox News for its allegedly “erroneous” and “incomplete” coronavirus coverage violates its First Amendment protections, a state court ruled in dismissing the litigation.
Posted: May 28, 2020
Taiwan-based metro operator Taipei Rapid Transit Corp.’s revenue fell $470 million Taiwan ($16 million) during the first four months of 2020 due to the COVID-19 pandemic.
Posted: May 28, 2020
South Korea's exports are expected to fall nearly 23% year-over-year in May to $35.4 billion as the coronavirus pandemic continues to disrupt global supply chains.
Posted: May 28, 2020
The Massachusetts Division of Insurance has notified all property and casualty insurance carriers in the state that they are expected to take steps to preserve insurance coverage for businesses ordered to shut down due to the coronavirus crisis. “Insurance coverage …
Posted: May 28, 2020
The coronavirus hasn’t been kind to car owners. With more people than ever staying home to lessen the spread of COVID-19, their sedans, pickup trucks and SUVs are parked unattended on the streets, making them easy targets for opportunistic thieves. …
Posted: May 28, 2020
It has been two months since COVID-19 began to turn the U.S. economy upside down. Suffering massive losses due to the damage caused by coronavirus, businesses have quickly turned to their insurance companies for assistance. Unfortunately, most have been stonewalled by two party-line arguments from t...
Posted: May 28, 2020
Specialty Lines Markets FOCUS ON THE RESTAURANT AND BAR MARKET With dining rooms and gathering establishments closed, how has theCOVID-I9 pandemic affected the market? By Lori Widmer In almost every The post FOCUS ON THE RESTAURANT AND BAR MARKET appeared first on The Rough Notes Company Inc..
Posted: May 28, 2020
Diverging Views: Is COVID a One-Off Cat or Not? While reinsurers are "open for business" and insurers and reinsurers are reporting the impacts of COVID-19 as a one-off catastrophe impacting earnings rather than capital, equity markets are viewing ...
Posted: May 28, 2020
McDonald’s Employees Claim Unsafe Working Conditions Amid COVID-19 The Case: A group of five McDonald’s workers and four of their family members in Chicago have sued the fast-food giant. Advertisement They claim employees weren’t given enough personal protective equipment or training to do the...
Posted: May 28, 2020
As our May issue cover story by Jared Shelly illustrates, our work lives may never be the same post COVID-19. As disturbing and, in too many cases, acutely painful as this pandemic has been, perhaps there is room for hope in that idea. Scientists scoff at the notion that, in the short-term, so many...
Posted: May 28, 2020
The COVID-19 pandemic follows three years of heightened natural catastrophe losses
Posted: May 28, 2020
Two of Europe’s largest insurers are gearing up to sell billions of euros in life assets — a niche corner of dealmaking keeping bankers busy amid the coronavirus pandemic. Allianz SE is planning to divest as much as 9 billion …
Posted: May 28, 2020
Digital disruption used to be seen by insurance industry watchers as an existential threat to the sector. That argument no longer applies. Today, there’s no argument that the insurance needs digitalization to secure its future. Across the financial services sector, companies are being re-define...
Posted: May 28, 2020
The ongoing COVID-19 pandemic has tragically resulted in the deaths of 100,000 Americans, changed our day-to-day lives, hampered our economy, and forced us to reexamine how we live. As the country moves to reopening, after weeks of a shut down …
Posted: May 27, 2020
Reinsurers Won’t Earn Cost of Capital; More Rate Hikes: Fitch The global reinsurance sector will fail to earn its cost of capital in 2020 amid the coronavirus crisis, which will help maintain reinsurance price increases during the year ahead, said Fitch ...
Posted: May 27, 2020
Product is now being utilized across 41% of M&A deals
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U.S. Cases by State
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