Special Coverage: COVID-19
Posted: Apr 21, 2020
Automobile InsuranceActing on ‘Thin’ Data, Auto Insurers Retain Flexibility With Premium CreditsSpeeders Take Over Empty Roads — With Fatal ConsequencesBusiness Interruption Triple-I Economists: Enforced COVID-19 Business Interruption Payouts Would Damage Industry Fight Over Pandemic Insurance Int...
Posted: Apr 21, 2020
The New York State Nurses Association sued the state and two hospitals on Monday to force them to provide equipment and adopt safety measures to prevent the spread of COVID-19 among the association’s members in the hard-hit state. The association …
Posted: Apr 21, 2020
Workers at Ferrari are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious scheme that could serve as a blueprint for manufacturers desperate to resume production.
Posted: Apr 21, 2020
While it’s hard to predict how COVID-19 will affect marine protection and indemnity mutual insurers, shipowners, including cruise lines that have been hit hard by the pandemic, may incur liability claims and extra expenses that could trigger P&I coverage, experts say.
Posted: Apr 21, 2020
Determining when or if companies must inform investors that their top executives have contracted coronavirus calls for a delicate balancing act between complying with regulatory requirements and respecting employees’ privacy rights, observers say.
Posted: Apr 21, 2020
Travelers Cos. Inc. on Tuesday reported a 25% fall in quarterly profit, hurt by higher catastrophe losses, as insurers braced for a slew of claims due to disruptions caused by the coronavirus pandemic.
Posted: Apr 21, 2020
Some InsurTechs Pursue Growth Plans Despite Pandemic Onslaught InsurTechs, like all companies these days, aren't immune to business challenges created by the coronavirus pandemic, which has left many businesses shut down or struggling to function in the face of ...
Posted: Apr 21, 2020
Japanese aerospace components manufacturers Kawasaki Heavy Industries Ltd. and Subaru Corp. have suspended production of aircraft components for U.S.-based Boeing Co. for about two weeks due to the coronavirus pandemic.
Posted: Apr 21, 2020
The Chinese government is facing multiple lawsuits amounting to trillions of U.S. dollars over the way it has handled the coronavirus pandemic.
Posted: Apr 21, 2020
Slovenia-based insurer and reinsurer Pozavarovalnica Sava dd expects coronavirus pandemic to reduce its net profit by around 15%-20% this year.
Posted: Apr 21, 2020
Oran Vongsuraphichet, chief executive of Thai Reinsurance PCL, said that the reinsurer expects to grow its premiums 10% growth this year despite the coronavirus pandemic.
Posted: Apr 21, 2020
Workers at Ferrari are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious scheme that could serve as a blueprint for manufacturers desperate to resume production. Under its …
Posted: Apr 21, 2020
Danish insurer Tryg expects to be hit by a wave of travel insurance claims as customers cancel their summer holidays due to travel restrictions imposed to tackle the coronavirus pandemic, it said on Tuesday. Denmark’s biggest insurance company said it …
Posted: Apr 21, 2020
Rick McCathron, chief insurance officer of the digital home insurance carrier Hippo, talks rapidly ramping up work-at-home and virtualizing home inspections as the coronavirus fallout spread.
Posted: Apr 21, 2020
Four employees of a major poultry producer’s operations in rural southwest Georgia have died after becoming infected with the coronavirus, a company spokesman said Friday. Tyson Foods spokesman Gary Mickelson said three of the employees worked at the company’s chicken …
Posted: Apr 21, 2020
With hurricane season less than two months away, officials in South Carolina said they don’t yet have a good plan in place if a storm hits during the coronavirus outbreak, particularly for people potentially displaced from their homes in the …
Posted: Apr 21, 2020
It also gets a "stable" outlook from the ratings firm
Posted: Apr 21, 2020
What is PRIA, and how may it help mitigate the damages caused by the coronavirus pandemic?
Posted: Apr 21, 2020
As insurance carriers and agencies continue to adjust to new ways of working due to COVID-19, we are working with them to better understand the challenges and opportunities they are facing, including how: consumer behavior is trending; advertising is changing; carrier and agent personnel are dis...
Posted: Apr 21, 2020
Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers’ compensation insurers. The governors of Kentucky, Arkansas, North Dakota and Florida and state regulators in Illinois, Washington, Michigan and …
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