Special Coverage: COVID-19
Posted: Mar 26, 2020
The release of the Surplus Lines Stamping of Office of Texas’ (SLTX’s) new online filing system, SMART, will be postponed due to the global coronavirus (COVID-19) pandemic. SLTX said the system was originally scheduled for release in March but will …
Posted: Mar 26, 2020
Oklahoma’s insurance commissioner says Allstate Insurance Co. is voluntarily easing certain policy restrictions to aid delivery drivers using their personal vehicles for delivery of food and medicine during the COVID-19 health emergency. The Oklahoma Insurance Department said Allstate has notified …
Posted: Mar 26, 2020
Lloyd’s of London Chief Executive John Neal said Thursday it was too early to estimate the impact of COVID-19 losses on the market, but that there was no undue concern around solvency as the market reported a return to profit for 2019.
Posted: Mar 26, 2020
The Environmental Protection Agency said this week that it’s reviewing a request from the oil and gas industry to ease enforcement of hazardous air and water pollution and other regulatory issues during the coronavirus pandemic. The proposal is drawing objections …
Posted: Mar 26, 2020
Boeing will suspend operations at its Seattle area facilities due to the spread of coronavirus, idling tens of thousands of aerospace workers, the company said Monday. At least 110 people have died from COVID-19 in Washington state, mostly in the …
Posted: Mar 26, 2020
An attorney who represented victims of the Las Vegas shooting massacre has filed a federal lawsuit against China’s government over the new coronavirus, saying that officials hid information about the outbreak and that U.S. small businesses should receive billions of …
Posted: Mar 26, 2020
(Reuters) — An international group of nearly 400 volunteers with expertise in cybersecurity formed on Wednesday to fight hacking related to the novel coronavirus.
Posted: Mar 26, 2020
An international group of nearly 400 volunteers with expertise in cybersecurity formed on Wednesday to fight hacking related to the novel coronavirus.
Posted: Mar 26, 2020
Leading Through Crisis As of this week, many companies are finding they have begun to quickly execute the business continuity plans they have developed and documented in order to address the ongoing COVID-19 crisis. ...
Posted: Mar 26, 2020
(Reuters) — Britain's lawmakers have piled more pressure on insurers to show flexibility to businesses and customers making claims during the coronavirus epidemic that has shut down most of the economy.
Posted: Mar 26, 2020
Barely more than two weeks ago, the United States was jolted by the reality that coronavirus was going to disrupt daily life and change the trajectory of the economy in massive, unprecedented ways. Schools, restaurants and gyms closed, and many people were instructed to conduct their day-to-day resp...
Posted: Mar 26, 2020
Croatia’s financial services regulator has told insurance companies to stop paying dividends as part of efforts to ensure there is enough liquidity in the country’s financial system during the coronavirus crisis and following an earthquake that hit Zagreb a few days ago.
Posted: Mar 26, 2020
Most P/C Insurers Will Weather Ongoing COVID-19 Storm: Standard & Poor’s Most P/C insurers will be able to weather any financial market volatility and higher claims relating to COVID-19, S&P Global Ratings predicts in a new report, though it warns some carriers with ...
Posted: Mar 26, 2020
COVID-19: On Disrupted Loss Reserve Diagonals and Lengthening Tails It's axiomatic to assert that the coronavirus has changed everything both personally and professionally. Going forward, it'll be our aim at Assured Research to strike a balance. No one, of course, ...
Posted: Mar 26, 2020
Thai Airways International PLC has suspended flights to a majority of destinations from March 25 until May 31 in the wake of the coronavirus outbreak.
Posted: Mar 26, 2020
The U.K. Foreign and Commonwealth Office said that the United Arab Emirates has suspended all flights from March 24 in the wake of the coronavirus outbreak.
Posted: Mar 26, 2020
This draft of pandemic risk and insurance legislation is currently in the hands of members of Congress. It was written by Butler University risk management professor Zach Finn after he recently called for action in an open letter. Outline of Amended Terrorism, Pandemic Risk Insurance Act of 2020 (TP...
Posted: Mar 26, 2020
Several Australian companies are reviewing or even terminating takeover deals by using a legal escape route because of the devastating impact of the coronavirus, a template that some lawyers expect to be replicated in other countries. Three listed companies this …
Posted: Mar 26, 2020
While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also confirmed that the market is in a strong position to respond to the impacts of COVID-19. Lloyd’s posted pre-tax profit of £2.5 billion (US$3 billion) …
Posted: Mar 26, 2020
While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also confirmed that the market is in a strong position to respond to the impacts of COVID-19. Lloyd’s posted pre-tax profit of £2.5 billion (US$3 billion), …
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