Special Coverage: COVID-19
Posted: May 07, 2020
As Florida slowly reopens, officials are now contemplating what they should do if the coronavirus outbreak lingers into hurricane season, Republican Gov. Ron DeSantis said Tuesday. Hurricane season begins June 1 and usually peaks from late August through September. Florida …
Posted: May 07, 2020
The Oklahoma Senate has passed legislation previously approved by the state’s House of Representatives that would limit liability for healthcare providers and facilities responding to the COVID-19 pandemic. Senate Bill 300, by Sen. Julie Daniels, R-Bartlesville, now goes to Gov. …
Posted: May 07, 2020
The attorneys general for 11 Midwestern states are urging the Justice Department to pursue a federal investigation into market concentration and potential price fixing by meatpackers in the cattle industry during the coronavirus pandemic. In a letter to U.S. Attorney …
Posted: May 07, 2020
The Progressive Corp. said its results for the first quarter were “significantly impacted” by the spread of the coronavirus and social distancing and shelter-in-place restrictions. Despite a 30% increase in underwriting income, Progressive’s consolidated net income —$692.7 million— is a …
Posted: May 07, 2020
LONDON — Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses struggling to stay afloat during coronavirus lockdowns have erupted...
Posted: May 07, 2020
FRANKFURT — Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis in excess of 1 billion euros ($1.08 billion) this year after it posted a 65% drop in first-quarter …
Posted: May 07, 2020
Severe convective storms—tornadoes, hail, drenching thunderstorms with lightning, and damaging straight-line winds—are among the biggest threats to life and property in the United States. They were the costliest natural catastrophes for insurers in 2019, and this year’s tornado season is already...
Posted: May 07, 2020
Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators say.
Posted: May 07, 2020
On March 5, Tennessee governor Bill Lee announced the state’s first confirmed case of Covid-19. Three weeks later on Easter Sunday, tornadoes touched down outside of Chattanooga, killing four people and flattening 2,000 structures. Since the start of the pandemic, …
Posted: May 07, 2020
If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. It not, the industry may be on the verge of an historic catastrophe. A …
Posted: May 07, 2020
Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk, global insurance regulators said. Disputes over cover for businesses struggling to stay afloat during coronavirus lockdowns have erupted in countr...
Posted: May 07, 2020
It’s mid-April and we just surpassed 2.4 million confirmed cases and 166,000 deaths worldwide from the COVID-19 virus. The U.S., by far, has the most cases and the highest number...
Posted: May 07, 2020
Representatives of fitness clubs, amusement parks and youth baseball on Tuesday told a task force on reopening New Hampshire’s economy that they are prepared to make a variety of health and safety adjustments so they can operate during the coronavirus …
Posted: May 07, 2020
Munich Re said on Thursday it expects to receive claims for cancelled or postponed events because of the coronavirus crisis in excess of €1 billion ($1.08 billion) this year after it posted a 65% drop in first-quarter profit.
Posted: May 07, 2020
Germany-based reinsurer Hannover Re SE has set aside €220 million ($238 million) in reserves for potential claims related to the COVID-19 pandemic.
Posted: May 07, 2020
The French Prudential Supervisory and Resolution Authority has launched an investigation into business interruption insurance market following the coronavirus pandemic.
Posted: May 07, 2020
A survey found that more than half a million businesses in the United Kingdom are at risk of going bust due to the coronavirus pandemic.
Posted: May 07, 2020
The COVID-19 pandemic has opened up a potential new market for insurers in India as business across a number of sectors are enquiring about business interruption cover.
Posted: May 07, 2020
Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis in excess of 1 billion euros ($1.08 billion) this year after it posted a 65% drop in first-quarter profit. The …
Posted: May 07, 2020
CEO still issues warning on the impact of the coronavirus crisis
Statistics
Global Stats
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U.S. Stats
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U.S. Cases by State
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