Special Coverage: COVID-19
Posted: Mar 24, 2020
Fitch Ratings Inc. on Tuesday added the London market to the list of international insurance markets for which it moved its outlook to negative from stable over coronavirus concerns.
Posted: Mar 24, 2020
Finding a table at Mexico City’s exclusive Pujol restaurant has never been easier. Chef Enrique Olvera’s famous restaurant is still open for business amid the coronavirus pandemic, mainly because the Mexican government hasn’t said it should close. Usually booked for …
Posted: Mar 24, 2020
However, for the time being, Root has paused hiring amid the coronavirus crisis.
Posted: Mar 24, 2020
I have been wanting to write something since the beginning of the Coronavirus outbreak, but I knew you were all very busy at work and on the home front. We...
Posted: Mar 24, 2020
Tough times bring out the best in many people, and the ongoing COVID-19 pandemic is no exception. Citizens around the world are donating to crisis response organizations, sewing masks and gowns for medical workers, delivering groceries to homebound neighbors and boarding shelter animals....
Posted: Mar 24, 2020
The National Council on Compensation Insurance announced Tuesday that it is reconfiguring its Annual Issues Symposium 2020 as a free virtual event due to the coronavirus pandemic.
Posted: Mar 24, 2020
Trade association says it is ready to work with the government and regulators
Posted: Mar 24, 2020
(Reuters) — Elite hackers tried to break into the World Health Organization earlier this month, sources told Reuters, part of what a senior agency official said was a more than two-fold increase in cyberattacks.
Posted: Mar 24, 2020
The Tokyo Olympics were postponed on Tuesday into 2021, the first such delay in the Games’ 124-year modern history, as the coronavirus crisis wrecked the last international sporting showpiece still standing this year. Though a huge blow to Japan, which …
Posted: Mar 24, 2020
On March 16, a lawsuit was filed in district court in New Orleans seeking a declaratory judgment about whether the business income coverage in a Lloyd’s property policy would cover a government-mandated shutdown or curtailment of a restaurant due to …
Posted: Mar 24, 2020
Fitch Ratings has revised its outlook for the underlying fundamentals of the London market insurance sector to negative from stable. The sector outlook revision reflects increased concerns over the COVID-19 disruption and the related impacts on the credit quality of …
Posted: Mar 24, 2020
U.S.-based Moody's Investors Service Inc. said that insurers in South Korea and Japan face increased risk from the coronavirus outbreak despite having less than 100 virus-related deaths each.
Posted: Mar 24, 2020
U.S.-based trailer equipment manufacturer Horizon Global Corp. has temporarily halted production at its manufacturing facility in Romania's Brasov county in the wake of the coronavirus outbreak.
Posted: Mar 24, 2020
It’s no secret that return-to-work is an important part of workers’ comp. Getting an injured worker back on the job and back to their full health marks the successful end to a workers’ comp claim and it allows the employee to get back to living their life. Advertisement The question of how to get...
Posted: Mar 24, 2020
UK travel insurers expect to pay record claims of at least £275 million (US$319 million) due to the coronavirus pandemic, according to first estimates from the Association of British Insurers (ABI). The vast majority of payouts will be for cancellations, …
Posted: Mar 24, 2020
I hope that you, your families, your friends and your colleagues are staying safe and aren’t going crazy in isolation. I live in Northern California and (gah!) am in the over-60 demographic, so I’ve been sheltering in place for days. The good news is that, without sports on in the background, I’...
Posted: Mar 24, 2020
Insurance has a fatal flaw. Few of us want to be reminded of how dangerous the world is. Cars crash, buildings burn, accidents happen. Usually to other people. So, unless we are highly sensitive to risk, unless we are unusually thoughtful about the future or unless regulation requires it, we don’t...
Posted: Mar 24, 2020
As the insurance industry learns to navigate coronavirus challenges, our coverage is here to help.
Posted: Mar 24, 2020
The shutdown of workplaces and gathering spots around the country to slow the spread of coronavirus may lead to a sharp reduction in auto insurance claims. Two consumer groups want to make sure that insurance carriers don’t enjoy any windfall. …
Posted: Mar 24, 2020
When an accident occurs, the first in-person contact a customer will have with an insurer is probably from a tow operator. But these days, interaction with a tow operator through one’s insurer happens a lot more often now that nearly …
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