Special Coverage: COVID-19

Why Big Data Is the ‘New Microscope’ in Health Care

Posted: Apr 23, 2020

Partnerships between technology firms and hospitals play an important role in advancing the objectives of health care risk managers. This past fall, The Wall Street Journal reported that technology companies are partnering with hospitals across the country to store and research patient data. Advert...

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Free Fast Food and Coupons Latest Virus-Related Hacker Scam

Posted: Apr 23, 2020

Hackers have been having a field day exploiting the coronavirus, sending phony emails with malicious links purporting to be from health agencies or other trusted sources. In one recent cyber scam, state-backed hackers posed as American fast-food franchises, according to …

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At Beleaguered U.S. Meat Plants, Inspectors Are Getting Sick Too

Posted: Apr 23, 2020

One hundred U.S. Department of Agriculture inspectors have tested positive for the coronavirus as the illness ravages the nation’s meat processing plants. The workers are part of the Food Safety and Inspection Service, which employs about 6,500 inspectors, a spokesperson …

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Missouri Sues China Over Coronavirus Pandemic

Posted: Apr 23, 2020

The state of Missouri filed a lawsuit on April 21 against the Chinese government over the coronavirus, alleging that nation’s officials are to blame for the global pandemic. The lawsuit, filed in federal court by the state’s top lawyer, alleges …

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FBI Official: Number of Coronavirus Cyber Complaints on Rise

Posted: Apr 23, 2020

WASHINGTON — Cybercriminals are taking advantage of the pandemic, including hackers who target hospitals and medical research institutions that are studying the coronavirus, the head of the FBI’s cyber division said Tuesday. The FBI has received thousands of complaints regarding …

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SBA Reports Data Breach in Disaster Loan Application Website

Posted: Apr 23, 2020

NEW YORK — Thousands of small business owners reeling from the aggressive measures taken to halt the spread of the coronavirus may have had their personal information exposed last month on a government website that handles disaster loan applications. The …

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More States Make Plans to Reopen; California Holds Firm

Posted: Apr 23, 2020

More states in the U.S. South and Midwest signaled readiness on Wednesday to reopen their economies in hopes the worst of the coronavirus pandemic had passed, but California’s governor held firm to sweeping stay-at-home orders and business closures. The patchwork …

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State Auto, Rural Mutual Unveil Auto Insurance Policyholder Relief Plans

Posted: Apr 23, 2020

Columbus, Ohio-based State Auto Insurance Companies (State Auto) and Rural Mutual Insurance Co., headquartered in Madison, Wis., have announced plans to offer auto insurance policyholders with premium relief as a result of the COVID-19 pandemic. Because of the pandemic and …

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Key Lawmaker Eyes Ban on Mergers to Protect Small Firms During Coronavirus Crisis

Posted: Apr 23, 2020

The chair of the House Judiciary Committee’s antitrust panel on Thursday called for a moratorium on mergers in the next coronavirus stimulus package and a ban on deals that are not directly related to companies about to fail. Democratic U.S. …

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Aerospace products firm sues insurer for coronavirus coverage

Posted: Apr 23, 2020

A titanium products manufacturer for the commercial and military aerospace industry sued its insurer in federal court Monday seeking coverage for business income losses related to the COVID-19 pandemic.

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More States Making Plans to Lift Coronavirus Restrictions

Posted: Apr 23, 2020

More states in the U.S. South and Midwest signaled readiness on Wednesday to reopen their economies in hopes the worst of the coronavirus pandemic had passed, but California’s governor held firm to sweeping stay-at-home orders and business closures. The patchwork …

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Earthquake Hits Croatia, a Month After Another Tremor Causes Damages of $6B

Posted: Apr 23, 2020

An earthquake rattled Croatia’s capital, a month after a stronger tremor left Zagreb in need of $6 billion for renovation, adding to a growing list of costs as the European Union battles the coronavirus. The 3.5-magnitude temblor on Thursday was …

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White House Vows Liability Protections for Businesses Facing Coronavirus Claims

Posted: Apr 23, 2020

Donald Trump’s top economic adviser said the administration will look at limiting liability for businesses over the spread of the coronavirus. “I think liability reforms and safeguards are going to be a very important part of this,” Larry Kudlow, director …

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Tyson Foods Halts Work at Large Iowa Pork Plant to Curb Coronavirus Spread

Posted: Apr 23, 2020

Tyson Foods Inc. plans to indefinitely suspend operations at its largest pork plant in the United States to contain the rapid spread of the coronavirus, the company said on Wednesday. It said the Waterloo, Iowa plant had already been working …

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Chinese insurer Ping An’s profits plunge due to coronavirus

Posted: Apr 23, 2020

Ping An Insurance (Group) Co. of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall in quarterly profits in more than eight years, as the coronavirus outbreak disrupted its businesses.

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China’s Ping An Reports Q1 Profit Drop of 42.7% on Coronavirus Business Disruption

Posted: Apr 23, 2020

Ping An Insurance (Group) Co of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall in quarterly profits in more than eight years, as the coronavirus outbreak disrupted its businesses. Ping An, the country’s largest …

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Chinese Insurer Ping An’s Q1 Profit Drops 42.7% on Coronavirus Business Disruption

Posted: Apr 23, 2020

Ping An Insurance (Group) Co of China Ltd, on Thursday reported a 42.7% drop in first-quarter profit, its biggest fall in quarterly profits in more than eight years, as the coronavirus outbreak disrupted its businesses. Ping An, the country’s largest …

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Plaintiffs’ Lawyers Should Not Read Coverage Into COVID IBNR: Berkley

Posted: Apr 23, 2020

Plaintiffs’ Lawyers Should Not Read Coverage Into COVID IBNR: Berkley Like other commercial insurers reporting first-quarter earnings, W.R. Berkley Corporation included a provision for COVID-19 related losses. But that doesn't mean the specialty insurer or the industry ...

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Firms to shift supply chains from China after outbreak: Official

Posted: Apr 23, 2020

Mark Mobius, founder of U.K.-based asset manager Mobius Capital Partners LLP, said that companies around the world will alter their supply chains to be less dependent on China following the coronavirus pandemic.

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Hannover Re withdraws full-year outlook

Posted: Apr 23, 2020

Germany-based Hannover Re SE has withdrawn its profit guidance for the current year due to the COVID-19 pandemic.

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