Special Coverage: COVID-19
Posted: May 19, 2020
A nationwide alcohol ban to combat the coronavirushas crushed the South African glass container industry and its supply chains.
Posted: May 19, 2020
The demographics of humanity are evolving, and our species is growing older. In 2015, a report by the United Nations projected that one in three people in the “developed world” will be aged over 60 by 2050, a shift that will have profound implications for the global workforce: Not only high levels o...
Posted: May 19, 2020
Executives On The Move at QBE and Great American QBE North America hired a former Chubb executive as its new Chief Human Resources Officer. Great American Insurance Group named a new divisional vice president within its Ocean Marine division. COVID-19 Will Make Reinsurers Lose More Money in 2020: S&...
Posted: May 19, 2020
Half of risk managers expect bankruptcies and industry consolidation
Posted: May 19, 2020
Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday. Two-thirds of the 347 respondents to the survey – carried out in response to the outbreak …
Posted: May 19, 2020
Risk managers expect a prolonged global recession as a result of the coronavirus pandemic, a report by the World Economic Forum showed on Tuesday. Two-thirds of the 347 respondents to the survey – carried out in response to the outbreak …
Posted: May 19, 2020
Insurance policies typically sold through face-to-face channels require intense advice and demand creation. Insurers must take steps now to adapt to the new landscape.
Posted: May 19, 2020
The COVID-19 outbreak means similar trials may follow
Posted: May 19, 2020
A poultry producer is temporarily closing a North Carolina plant for cleaning amid the COVID-19 outbreak. Tyson Foods spokesman Derek Burleson said in an email one of two fresh meat plants at its Wilkesboro complex was closed from Thursday to …
Posted: May 19, 2020
The COVID-19 pandemic, its associated market volatility and new regulations to combat the fallout have all served as reminders that trust is the foundation of any advisor-client relationship. A recent Harris Poll study conducted on behalf of the Million Dollar Round Table (MDRT) among over 2,000 U.S...
Posted: May 19, 2020
Workers' compensation, employment practices and liquor liability look much different in the age of COVID-19.
Posted: May 19, 2020
Regulators and lawmakers in more states are demanding that workers who claim they were sickened by COVID-19 get a fair hearing, if not an outright presumption in their favor. The Wyoming House of Representatives and Senate both passed a bill …
Posted: May 19, 2020
In the wake of government orders shutting down or seriously limiting the operations of businesses to deal with the COVID-19 outbreak, many affected businesses have turned to their insurers for coverage. This has led to a flurry of lawsuits across …
Posted: May 19, 2020
U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces. Blood tests that check for antibodies to the new coronavirus have been touted by governments …
Posted: May 19, 2020
The U.S. Department of Labor last Thursday issued its first workplace guidance to nursing homes since the COVID-19 pandemic swept the country and ravaged care facilities, saying residents, staff and visitors should keep 6 feet (1.83 meters) apart. The alert …
Posted: May 18, 2020
Though its long-term effects remain unclear, there’s little doubt that the COVID-19 pandemic will change the world as we know it. Among its many potential impacts is the possibility that it will permanently alter the way we work and shop. The “Amazon effect” is already in full force. Many brick-and...
Posted: May 18, 2020
Twenty-six million Americans are out of work, among them a large share of people who can no longer afford to put off applying for disability insurance. Where previously they may have been able to continue working for an accommodating employer or solely rely on their spouse’s income, today, there’s...
Posted: May 18, 2020
In the past, the insurance industry has had an image problem with younger talent. Top prospects have often migrated toward flashier industries like technology. But as the long-term economic impacts of the COVID-19 pandemic remain unknown, stable industries, like insurance, might have a recruitment...
Posted: May 18, 2020
For Third Point Re, COVID-19 Hurts, but Underwriting Profit Reached for First Time Third Point Re reported a net loss of $183.6 million for the first quarter of 2020 due to COVID-19-related investment volatility – but the company still had big reasons to celebrate. For the first ...
Posted: May 18, 2020
U.S. Employers Veer Away From Coronavirus ‘Immunity Tests’ as They Prepare to Reopen U.S. employers have cooled to the idea of testing workers for possible immunity to the coronavirus as they prepare to reopen factories and other workplaces. Blood tests that check for antibodies to ...
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