Special Coverage: COVID-19
Posted: Apr 30, 2020
Baton Rouge-based Louisiana Workers’ Compensation Corp. (LWCC) has formed a private foundation to focus on the areas of health, wellness, and safety in the workplace. It’s leading initiative, Louisiana Well Again, will include a $1.1 million, three-phased response package to …
Posted: Apr 30, 2020
Jordan Flowers never thought he would become a labor leader. Then the coronavirus forced him to risk his life every time he clocked in. The robotics operator at Amazon’s Staten Island warehouse helped lead one of the first walkouts at …
Posted: Apr 30, 2020
Florida Chief Financial Officer (CFO) Jimmy Patronis has sent a demand letter to Chinese Ambassador to the United States Cui Tiankai demanding financial restitution from the Communist Party of China (CPC) for “significant harm to the State of Florida and …
Posted: Apr 30, 2020
Marsh & McLennan Cos. Inc. could see higher brokerage revenue in 2020, but it expects a “modest decline” in overall revenue for the year due to the economic fallout from the coronavirus pandemic, the firm’s top executives said on Thursday during a first-quarter earnings call with analysts.
Posted: Apr 30, 2020
Leading privacy advocates in Britain have urged the government to prevent a soon-to-be-launched COVID-19 contact tracing app from turning into a form of state surveillance.
Posted: Apr 30, 2020
The American Society of Safety Professionals is the latest association to cancel its annual conference and shift to a virtual event because of the coronavirus pandemic, the society announced Thursday.
Posted: Apr 30, 2020
NEW YORK — Macy’s Inc plans to reopen 68 U.S. stores on Monday in states that have loosened coronavirus lockdowns, the department store operator said on Thursday, as more retailers sought to get business going after a crushing month of …
Posted: Apr 30, 2020
Insurers are looking at more than $7 billion in claims, says Aite Group.
Posted: Apr 30, 2020
FRANKFURT — Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus outbreak began to bite, it said on Thursday. The Zurich-based company booked a hit of $476 million for …
Posted: Apr 30, 2020
U.S. consumer advocates are urging Congress to resist growing demands by companies for protections from coronavirus-related lawsuits as states start to ease pandemic restrictions and businesses begin to reopen. Led by Public Citizen and the Center for Justice and Democracy, …
Posted: Apr 30, 2020
The possible impact COVID-19 will have on commercial property insurance lines remains uncertain, but it is likely many claims will be coming before the courts.
Posted: Apr 30, 2020
AM Best analysts discuss the impact of the coronavirus on the U.S. insurance sector and the outlook for global reinsurance in an AM Best webinar. Also, the insurtech movement is uncovering new pathways for insurers.
Posted: Apr 30, 2020
AMBestTV and AMBestRadio report on the insurance implications of the COVID-19 pandemic and the resulting economic turmoil.
Posted: Apr 30, 2020
Study: COVID-19 treatment could cost insurers up to $556 billion over next two years.
Posted: Apr 30, 2020
Increased litigation and COVID-19 present new challenges for insurers of senior care facilities.
Posted: Apr 30, 2020
Companies are facing privacy and cybersecurity issues as more people work remotely due to COVID-19.
Posted: Apr 30, 2020
Insurance professionals can be “helpers” during, and after, the coronavirus pandemic.
Posted: Apr 30, 2020
Significant coronavirus-related losses and legal battles over coverage may force some insurers to rethink their strategic game plans.
Posted: Apr 30, 2020
Venture Funding Drop Leaves Digital Insurers Vulnerable to Takeover Some digital insurers will be in serious jeopardy as standalone companies in the months ahead, thanks in part to a big coronavirus crisis-related drop in venture funding. That reality, in turn, could ...
Posted: Apr 30, 2020
After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so frantic to get off the ship, they wrote a note to the captain. The Costa Luminosa sailed on with them still …
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