Special Coverage: COVID-19
Posted: Apr 24, 2020
Reinsurance Rendez-Vous 2020 Canceled Due to Coronavirus Pandemic The 64th Rendez-Vous de Septembre (RVS) in Monaco, which was scheduled to be held Sept. 12-17, has been cancelled due to the uncertainties linked to the coronavirus pandemic. For 63 years, the RVS ...
Posted: Apr 24, 2020
Sean Kevelighan Triple-I CEO Sean Kevelighan today joined legislators and legal experts to discuss proposed measures that could retroactively rewrite business interruption insurance policies. “The insurance industry is applying forward-thinking solutions to take care of its customers, communit...
Posted: Apr 24, 2020
The U.S. Equal Employment Opportunity Commission has officially sanctioned employer use of COVID-19 testing, but its updated guidance on the issue raises several unanswered questions, an expert says.
Posted: Apr 24, 2020
Everest Re Group Ltd. estimated its first-quarter earnings will be hit by $150 million in pretax losses from the COVID-19 pandemic, mainly from its reinsurance business.
Posted: Apr 24, 2020
An Illinois judge issued a temporary restraining order that halts workers compensation expansions for employees who acquire COVID-19 from taking effect in the state.
Posted: Apr 24, 2020
Stefan Lippe, CEO of Swiss Re Ltd. from 2009 to 2012 and a veteran executive who worked at the reinsurer for more than 30 years, has died of complications from COVID-19, according to Swiss press reports. He was 65.
Posted: Apr 24, 2020
A French court on Friday rejected Amazon‘s appeal against a ruling that restricts what it can deliver during the coronavirus crisis, handing a victory to unions which had criticized the U.S. e-commerce giant’s safety measures. Amazon must limit deliveries in …
Posted: Apr 24, 2020
Several business groups this week are calling on California Gov. Gary Newsom to be cautious in issuing an executive order that would clear red tape for worker compensation benefits to essential workers suffering from COVID-19, as other states have done.
Posted: Apr 24, 2020
Several business groups this week are calling on California Gov. Gary Newsom to be cautious in issuing an executive order that would clear red tape for worker compensation benefits to essential workers suffering from COVID-19, as other states have done.
Posted: Apr 24, 2020
Everest Re Expects $150M in Q1 Pretax Losses From Coronavirus-Related Claims Everest Re Group estimated pre-tax losses of $150 million during the first quarter from claims related to the coronavirus pandemic. The company expects that the majority of pandemic losses will come ...
Posted: Apr 24, 2020
AXA announced the death of Stefan Lippe, 65, who has been an AXA Director since 2012, and was the former chief executive officer of Swiss Re Group. Press reports reveal he died of complications from COVID-19. Lippe spent 30 years …
Posted: Apr 24, 2020
Fifty-four percent of employers intend to reduce the number of onsite employees when planning return-to-work strategies amid the ongoing coronavirus pandemic, according to survey results released Thursday by Mercer Human Resource Consulting.
Posted: Apr 24, 2020
President Donald Trump said Wednesday that he “disagreed strongly” with the decision by Georgia’s Republican governor to reopen salons, gyms and other nonessential businesses that had been shuttered to contain the coronavirus, saying, “It’s just too soon.” During the daily …
Posted: Apr 24, 2020
Florida’s tourism and hospitality industry should reopen from the coronavirus pandemic slowly, focusing first on getting residents to take in-state vacations before branching out to domestic and international travelers, a business subcommittee charged with making recommendations was told Tuesday. Fl...
Posted: Apr 24, 2020
A 16-page set of recommendations for safely re-opening a Louisiana economy staggered by the fight against the new coronavirus was released on April 22 by state business interests as Gov. John Bel Edwards weighed his next move. Louisiana’s current stay-at-home …
Posted: Apr 24, 2020
LONDON/NEW YORK — Daniel Duckett, owner of the Lazy Claire patisserie in Belfast, was hoping for an insurance payout of up to 100,000 pounds ($123,460.00) to cover losses during the coronavirus lockdown. Now he fears for the future as he …
Posted: Apr 24, 2020
Some of the world’s largest companies have advised against the use of Zoom Video Communications Inc.’s conferencing app, fueling a growing backlash against a service that shot to prominence during the Covid-19 pandemic. Daimler AG, Ericsson AB and NXP Semiconductors …
Posted: Apr 24, 2020
OMAHA, Neb. — Daily reports of giant meat-processing plants closing because workers tested positive for the coronavirus have called into question whether slaughterhouses can remain virus-free. According to experts, the answer may be no. Given that the plants employ thousands …
Posted: Apr 24, 2020
ANTWERP, Belgium — As the spread of the coronavirus eases and people gradually return to work pondering the impact it might have on their jobs, Europe’s second-biggest port is getting ready to test a device aimed at helping thousands of …
Posted: Apr 24, 2020
The Insurance Industry Charitable Foundation (IICF), announced today that it has raised nearly $500,000 in just over 3 weeks through its national fundraising campaign, the COVID-19 Crisis: IICF Children’s Relief Fund. IICF’s crisis relief campaign enables donors to focus resources on childre...
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