Special Coverage: COVID-19
Posted: May 12, 2020
A group of 13 state attorneys general asked Amazon.com on Tuesday to provide data on coronavirus-linked infections and deaths among its workforce, along with evidence of the company's compliance with paid sick leave laws.
Posted: May 12, 2020
The coronavirus pandemic is changing some of the dynamics of broker mergers and acquisitions, but deals will continue to be made amid the outbreak, according to Marc Cohen, president and CEO of Hub International Ltd.
Posted: May 12, 2020
The U.S. Treasury Department issued a letter to members of Congress on May 8 which argued that proposals to force insurers to retroactively change business interruption (BI) policies to pay losses arising from the COVID-19 pandemic threaten the ability of the industry to serve policyholders and migh...
Posted: May 12, 2020
States that are reopening their economies even as cases of Covid-19 are still rising are threatening their own residents and the whole country. But they are also running into two challenges that all states will face: Employees don’t want to …
Posted: May 12, 2020
The West Virginia National Guard will assist in conducting tests for the coronavirus starting Monday at a poultry processing plant in a small county where cases have increased, authorities said. Testing at the Pilgrim’s Pride plant of about 940 workers …
Posted: May 12, 2020
One out of every four workers in New Orleans is without a job because of the coronavirus pandemic, according to a study by the University of Louisiana Lafayette. The study found unemployment in New Orleans is the highest in the …
Posted: May 12, 2020
A Republican bill that would protect businesses from lawsuits arising from the COVID-19 pandemic passed the Oklahoma Senate on Tuesday.
Posted: May 12, 2020
Allianz Solvency Ratio Dealt Disruption From COV-19 Crisis Costs German insurer Allianz said on Tuesday that a key measure of capital may fall below the company's target floor level as it faces claims for disruption caused by the coronavirus crisis. Allianz, which ...
Posted: May 12, 2020
Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and business sensitive position on the COVID-19 pandemic or risk long-term damage to trust and reputation and loss of customers. “With …
Posted: May 12, 2020
Many of the City of London’s bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain. Banks, insurance companies and asset managers have had …
Posted: May 12, 2020
Business Insurance will be continuing its workers compensation webinar series May 21 with a panel discussion on what employers need to know about getting workers back on the job as the COVID-19 pandemic continues to unfold.
Posted: May 12, 2020
Global average commercial insurance prices increased 14% in the first quarter of 2020 – but the rate hikes were not due to the COVID-19 pandemic, according to insurance broker Marsh in its quarterly Global Insurance Market Index. Although the COVID-19 …
Posted: May 12, 2020
German insurer Allianz said Tuesday that a key measure of capital may fall below the company's target floor level as it faces claims for disruption caused by the coronavirus crisis.
Posted: May 12, 2020
The post 11 Ways the COVID-19 Pandemic Has Impacted Businesses and Communities appeared first on Risk & Insurance.
Posted: May 12, 2020
Employers that are inviting select employees to return to work after COVID-19 shutdowns must tread carefully to avoid potential discrimination claims, experts say.
Posted: May 12, 2020
Research by Italian federation Confindustria Moda found that the COVID-19 pandemic cost the local fashion and textile industry more than €3.5 billion ($3.8 billion) in revenue in the first quarter.
Posted: May 12, 2020
U.K.-based Fiat Chrysler Automobiles NV reported a loss of nearly $2 billion in the first quarter, compared with a profit of $679 million in the first quarter of last year, due to a steep decline in car sales during the COVID-19 pandemic.
Posted: May 12, 2020
Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next 12-16 months, and nearly 90% are bracing for an economic slowdown, the company said Monday. …
Posted: May 12, 2020
When Julie Polera began her college years at Northeastern University in Boston as a psychology major, little did she know her career path would lead her to become vice president of private equity, mergers and acquisitions at Marsh. Advertisement “My strategy after graduation was to be accepted...
Posted: May 12, 2020
Prices were already on the rise before any meaningful impact from COVID-19, it says
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U.S. Cases by State
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