Special Coverage: COVID-19
Posted: May 15, 2020
NEW YORK — 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 …
Posted: May 15, 2020
The U.S. Department of Labor issued its first workplace guidance to nursing homes on Thursday 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 15, 2020
Businesses are urging U.S. lawmakers to shield companies from what they fear could be a flood of lawsuits by workers and consumers blaming employers for exposing them to the new coronavirus. But so far, court records show few such cases …
Posted: May 15, 2020
Working on an assembly line can be a physically demanding job. Advertisement Due to COVID-19 work restrictions, many workers who are used to that kind of environment sit idle as they wait out the pandemic. Employees spent the last few weeks or months either not working at all or working reduced h...
Posted: May 15, 2020
Businesses are urging U.S. lawmakers to shield companies from what they fear could be a flood of lawsuits by workers and consumers blaming employers for exposing them to the new coronavirus. But so far, court records show few such cases …
Posted: May 15, 2020
Businesses are urging U.S. lawmakers to shield companies from what they fear could be a flood of lawsuits by workers and consumers blaming employers for exposing them to the new coronavirus.
Posted: May 15, 2020
Cities and counties across the country may have handed plaintiff’s attorneys an argument to use in lawsuits against insurers that seek business-interruption coverage for losses caused by coronavirus closure orders. Jurisdictions as far asunder as Los Angeles, Calif. and Key …
Posted: May 15, 2020
German travel firm TUI AG's net loss widened more than four-fold to €740 million ($800 million) in the first quarter due to the COVID-19 pandemic.
Posted: May 15, 2020
Typhoon Vongfong forced more than 150,000 people in the Philippines to leave their homes, risking coronavirus infection as they move to usually packed shelters. Intense rains and strong winds damaged houses and crops as the first typhoon to enter the …
Posted: May 15, 2020
Fitch Ratings Issues Negative Outlook for PartnerRe PartnerRe now has a negative outlook from Fitch Ratings, largely over concerns about potentially expanding coronavirus-related reinsurance claims. Fitch's decision comes less then a week after French ...
Posted: May 15, 2020
With remote claims assessment "at the core" of parametric insurance, it is a perfect solution amid COVID-19 restrictions, firm says
Posted: May 15, 2020
Unemployment is rising due to COVID-19, and some of the top risk management firms in the industry have indicated that fraud will also quickly increase. While claims fraud, inflated repair invoices and other common scams are probably the first that come to mind, roadside assistance fraud is another...
Posted: May 15, 2020
The plague that is coronavirus continues to threaten our way of life and our very existence. And while we wait for our best scientists and Big Pharma to develop and deliver the vaccine we so desperately need to begin the return to some semblance of our prior lives, it is notable that finance a...
Posted: May 15, 2020
A Kansas plant that makes sausage shut down on May 13 after employees tested positive for the coronavirus, and an outbreak that has infected hundreds at the state’s largest prison claimed the life of another worker. The shutdown at the …
Posted: May 15, 2020
In recent weeks, employees at sites as diverse as Amazon warehouses, meat-processing plants and emergency rooms have raised the alarm over unsafe conditions posed by the new coronavirus. Workplace infections have been soaring, while protective gear has been in chronically …
Posted: May 14, 2020
Successful businesses are characterized in part by their ability to keep one foot in the present and the other in the future. Stability is the product of the careful balancing of short- and long-term goals, and the shrewd analysis of risk versus reward. In the midst of today’s uncertainty, planning...
Posted: May 14, 2020
An Arkansas theater will face consequences that could be enforced by the police if it proceeds with its plan to defy the state’s coronavirus restrictions by holding what could be the country’s first major concert this far into the pandemic, …
Posted: May 14, 2020
Louisiana lawmakers won’t try to force business interruption insurance policies to cover the widespread closures caused by the COVID-19 pandemic. Sen. Rick Ward, a Port Allen Republican, shelved the proposal amid concerns it could crater the state’s insurance industry and …
Posted: May 14, 2020
The insurance industry will be critical to help companies evaluate the comprehensive economics of resilience—balancing operational elements of resilience with the new cyber threat landscape that impacts the management of volatility.
Posted: May 14, 2020
The proposed COVID-19 business interruption bills have arguably been the most controversial topic surrounding the pandemic.
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