Special Coverage: COVID-19
Posted: May 18, 2020
Here is a round-up of essential COVID-19-related news from around the world on May 18, 2020.
Posted: May 18, 2020
High-polluting states also have been coronavirus hot spots.
Posted: May 18, 2020
Federal Lawmakers Propose Heroes Compensation Act For Essential Worker Comp A bipartisan group of federal lawmakers unveiled a plan on Thursday to compensate essential workers who fall sick of die from COVID-19, modeling the Pandemic Heroes Compensation Act after the ...
Posted: May 18, 2020
The round was closed in mid-April, shortly after Hopper announced layoffs as a result of COVID-19.
Posted: May 18, 2020
Is the Insurance Policy Affected if the Business Opens Against a Governor’s Orders: The Facts About Supposed “Illegal Acts” Exclusions States have gone to war against some municipalities over COVID-19. Executive orders currently in place in many states still bar …
Posted: May 18, 2020
U.K.'s Financial Conduct Authority has announced temporary measures to help insurance policyholders in financial difficulty because of coronavirus pandemic to maintain their coverage.
Posted: May 18, 2020
Nonlife insurers in South Korea reported better-than-expected earnings in the first quarter despite the COVID-19 pandemic.
Posted: May 18, 2020
Adel Al-Eisa, spokesman of insurers at the Saudi Arabian Monetary Authority, has said that the fallout from the COVID-19 pandemic will accelerate the ongoing mergers and acquisitions discussions in the insurance sector.
Posted: May 18, 2020
A survey by French trade group ANIA found more than 70% of food makers suffered losses due to the COVID-19 pandemic, with 22% of respondents losing more than 50% compared to before the outbreak.
Posted: May 18, 2020
South African regulators have categorized business interruption insurance into standard insurance which requires physical damage as a trigger for the policy to respond; and BI insurance that contains a specific extension for infectious/contagious diseases, in light of the COVID-19 pandemic.
Posted: May 18, 2020
Wisconsin Supreme Court Overturns Stay-At-Home Orders The Case: Republican lawmakers in Wisconsin sued to remove stay-at-home orders meant to curb the spread of COVID-19. After the virus killed 418 people in the state, the Department of Health Services issued the order based on a law allowing it to...
Posted: May 18, 2020
The COVID-19 response has poured unprecedented focus and energy into medical innovation. Technology and care methods that seemed years from widespread adoption are becoming new realities. Advertisement In workers’ compensation, we have known there are revolutions coming, and we shouldn’t ignore t...
Posted: May 18, 2020
It was the perfect storm waiting to happen. For years, insureds have traditionally enjoyed reduced rates and large coverage limits across the board in the excess and surplus (E&S) market. Advertisement But when carriers were hit by mounting losses arising from prior year loss development, a serie...
Posted: May 18, 2020
Britain’s fruit and vegetable farmers have long dreaded their country’s exit from the European Union, worrying that it would keep out the tens of thousands of Eastern European workers who come every year to pick produce. Now, the coronavirus pandemic …
Posted: May 18, 2020
Many insurers report no changes to their plans, with some reshaping and a few accelerating, but very few pausing or retrenching.
Posted: May 18, 2020
Many insurers report no changes to their plans, with some reshaping and a few accelerating, but very few pausing or retrenching.
Posted: May 18, 2020
Italian businesses that follow the health and safety rules are protected from liability in case returning workers catch coronavirus, the head of the country’s insurance association said in an interview with La Stampa. While infections are categorized as workplace accidents …
Posted: May 18, 2020
The insurer partnered with Collective Medical and Mendocity on in- and out-patient capabilities.
Posted: May 18, 2020
As the U.S. experiences a sudden rise in remote work self-isolation and health-related anxiety, there has been a general sense of unease for many people and exacerbated existing mental health issues for many more. Following a surge in anxiety caused by the COVID-19 outbreak, managing and supporting...
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