Special Coverage: COVID-19
Posted: Apr 30, 2020
A Kansas City, Missouri, barbecue restaurant seeking coverage for coronavirus-related losses filed suit against its insurer, retail broker and wholesaler on Tuesday.
Posted: Apr 30, 2020
Some contract workers in America's fast-food restaurants, hospitals and warehouses could find it harder to demand equipment and other measures to protect them from the coronavirus under a new labor agency rule, according to workers' advocates and unions.
Posted: Apr 30, 2020
Willis Towers Watson PLC CEO John Haley on Thursday signaled during a first-quarter earnings call with analysts that the broker will not be following in Aon PLC’s footsteps and imposing salary cuts on staff amid the economic fallout from COVID-19.
Posted: Apr 30, 2020
Coronavirus-Related Event Cancellations Shift Swiss Re’s Q1 to a Loss 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 ...
Posted: Apr 30, 2020
As we entered this new decade at the start of 2020, industry assessments reflected a positive outlook with increased growth potential expected, despite the low interest rate environment that historically...
Posted: Apr 30, 2020
The Ohio Nurses Association has filed a complaint with the U.S. Occupational Safety and Health Administration’s Columbus, Ohio, office over alleged hazardous conditions at a state medical center.
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.
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