Special Coverage: COVID-19

Insurance Market Lloyd’s of London Returns to Profit, Braces For Coronavirus

Posted: Mar 26, 2020

Lloyd’s of London reported its first annual pretax profit in three years on Thursday, thanks to tighter underwriting and robust investment returns, and signaled it was well prepared to cope with the cost of the coronavirus pandemic. The 330-year-old insurance …

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Coronavirus-Related Crimes Capitalize on Global Fear, Panic

Posted: Mar 26, 2020

WASHINGTON — Thieves steal surgical masks. A clinic sells fake COVID-19 tests. Hate groups encourage sick members to infect law enforcement officers. Imposters pose as public health officials. Con artists peddle fake cures and financial scams. As the coronavirus pandemic …

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U.S. Corporate Crisis Bailouts May Prove Bonanza For Insider Trading, New Study Warns

Posted: Mar 26, 2020

WASHINGTON/BOSTON — White-collar crime prosecutors and defense attorneys are likely to be busy following a massive economic stimulus package from the U.S. Congress aimed at mitigating the fallout from the coronavirus, according to a new academic study of insider trading. …

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Lloyd’s of London Returns to Pretax Profit, Claims Readiness for Coronavirus Costs

Posted: Mar 26, 2020

Lloyd’s of London Returns to Pretax Profit, Claims Readiness for Coronavirus Costs Lloyd's of London reported its first annual pretax profit in three years on Thursday, thanks to tighter underwriting and robust investment returns, and signaled it was well prepared to cope with the ...

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Disaster Aid Available for Tennessee Small Businesses Affected by Virus Outbreak

Posted: Mar 26, 2020

Tennessee small businesses that have been economically harmed as a result of the coronavirus outbreak can apply for U.S. Small Business Administration disaster loans, the state said. Small businesses and nonprofit organizations are eligible to apply for economic injury disaster …

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As Coronavirus Hits Memorial Services, U.S. Funeral Homes Struggle to Adapt

Posted: Mar 26, 2020

SAN FRANCISCO — U.S. funeral homes are adapting their businesses to social distancing and the rapidly spreading coronavirus. Like companies across the United States, funeral homes and mortuaries are limiting contact with customers in order to avoid spreading the highly …

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Paul Tudor Jones Sees Regular Virus Testing, Isolation In Future

Posted: Mar 26, 2020

Billionaire Paul Tudor Jones said workers in the U.S. should start thinking about resuming a different kind of life after the worst of Covid-19 — one with widespread testing and periodic self-isolation. The legendary trader and hedge fund manager, who …

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In Suit, Nurse Says Chicago Hospital Fired Her for Warning About Masks

Posted: Mar 26, 2020

A former nurse is suing a Chicago hospital for allegedly firing her in retaliation for warning colleagues that masks provided by the hospital to treat COVID-19 patients would not sufficiently protect them from contracting the disease. Lauri Mazurkiewicz contends in …

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Favorable Flood Forecast Offers Relief to Parts of Minnesota

Posted: Mar 26, 2020

While leaders in Fargo and Moorhead, Minnesota, have been taking steps to limit the coronavirus, it appears they won’t have to deal with a significant flood on top of the pandemic. Fargo Mayor Tim Mahoney tells KFGO radio that a …

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Texas Surplus Lines Stamping Office Postpones Launch of New Online Filing System

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 …

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Oklahoma Commissioner: Allstate Eases Personal Auto Terms for Delivery Drivers

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 …

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Lloyd’s returns to profitability

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.

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Oil Industry Seeks Easing of Environmental Regulation During Pandemic

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 …

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Boeing Suspending Production in Seattle over Virus

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 …

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U.S. Lawsuit Wants China to Pay for Business Income Losses from Coronavirus

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 …

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Cybersecurity experts fight virus-related hacking

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.

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Cybersecurity experts come together to fight coronavirus-related hacking

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.

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Leading Through Crisis

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. ...

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UK lawmakers pile pressure on insurers over pandemic claims

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.

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5 Ways Ergonomics Can Help Improve Coronavirus Telecommuting

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...

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