Special Coverage: COVID-19

Public Pressure Growing for Insurers to Be Part of Coronavirus Solution

Posted: Mar 24, 2020

While legislators in Washington D.C. and states try to fashion financial relief for businesses interrupted by the public health actions related to coronavirus, outside pressure is mounting on private property/casualty commercial insurers to do more than explain why insurance coverage …

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APCIA Asks Regulators for More Coordination on COVID Data Calls

Posted: Mar 23, 2020

APCIA Asks Regulators for More Coordination on COVID Data Calls Delivering remarks about the property/casualty insurance industry's response to the growing impacts of COVID-19 on policyholders late last week, an industry group executive called on the NAIC to ease ...

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Robots Rising: Coronavirus Fuels Non-Human Labor Demand

Posted: Mar 23, 2020

Robots Rising: Coronavirus Fuels Non-Human Labor Demand A shortage of workers and restrictions on human contact because of the coronavirus pandemic is driving up demand for service robots in China, potentially boosting a sector that has struggled to scale ...

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Moment of Truth: Will COVID-19 Be the Tipping Point for Digital Transformation?

Posted: Mar 23, 2020

The more that people and businesses get used to operating remotely via digital tools, the more it will be expected—even after the COVID-19 is contained.

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Consider insurance ‘during’ and ‘after’ COVID-19 (before it’s over)

Posted: Mar 23, 2020

How will the COVID-19 outbreak affect risk management business?

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The InsurTech response to COVID-19

Posted: Mar 23, 2020

PC360 asked insurance technologists how they're weathering the novel coronavirus crisis.

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Silicon Valley Firm Seeking OK to Give Essential Workers 50% Auto Insurance Discount

Posted: Mar 23, 2020

Silicon Valley-based insurance company Go on Monday announced it is seeking approval from state regulators to offer a 50% discount on auto insurance to all essential workers who are on the front lines of the COVID-19 crisis. Once approved in …

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Tokyo 2020 Olympics postponed – reports

Posted: Mar 23, 2020

Summer Games pushed back by one year due to coronavirus pandemic

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French insurers to contribute $216M to solidarity fund

Posted: Mar 23, 2020

(Reuters) — French insurance lobby FFA said on Monday insurers would contribute up to 200 million euros ($216 million) to funds set up by the government to help companies deal with a significant drop in activity due to the coronavirus crisis.

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Uber urges coronavirus stimulus include gig workers

Posted: Mar 23, 2020

(Reuters) — Uber Technologies Inc.'s chief executive on Monday called on President Donald Trump to include independent drivers and delivery workers in the planned $1 trillion coronavirus stimulus package and urged U.S. lawmakers to change labor laws in the long term.

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Is COVID-19 a Covered Pollution Exposure? What to Look for in Your Policy Language

Posted: Mar 23, 2020

As we grapple with the human and personal effects of COVID-19, the pandemic is forcing companies to closely examine their corporate insurance programs to determine where, if at all, coverage can provide some relief to the economic losses that COVID-19 will cause.   One of the best places to start is...

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State-run comp insurer may defer premium payments

Posted: Mar 23, 2020

The Ohio Bureau of Workers’ Compensation on Saturday announced that $200,000 in insurance premium installment payments due for March, April and May for the current policy year may be deferred until June 1, 2020, due to coronavirus pandemic hardships.

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Has Coronavirus Altered Our Economic Future? Two Possible Scenarios from McKinsey

Posted: Mar 23, 2020

It’s no secret that coronavirus is hitting the global economy pretty hard.  The U.S. stock market has been erratic, global supply chains are being disrupted and prolonged periods of quarantine and social distancing are creating a decline in consumer spending.  Advertisement As the virus continues...

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Coronavirus update: Border closures, 'stay-at-home' orders and more

Posted: Mar 23, 2020

Here is an update on the latest COVID-19-related news from around the world on March 23, 2020.

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North Carolina Real Estate Commission: Refund Outer Banks Vacation Renters

Posted: Mar 23, 2020

People renting beach houses in counties that have blocked visitor access to North Carolina’s Outer Banks because of the new coronavirus should get their money refunded, a state panel says. The North Carolina Real Estate Commission ruled on Thursday that …

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Supply Chain Problems Move from China to U.S. and Other Nations

Posted: Mar 23, 2020

Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as Italy. While China’s draconian …

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Croatia Quake Injures 17 Amid Partial Coronavirus Lockdown

Posted: Mar 23, 2020

ZAGREB, Croatia — A strong earthquake in Croatia on Sunday caused panic, the evacuation of hospitals and widespread damage including to the capital’s iconic cathedral — all amid a partial coronavirus lockdown. A 15-year-old was reported to be in critical …

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Western Supply Chains Begin to Buckle on Expanding Coronavirus Lockdowns

Posted: Mar 23, 2020

Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as Italy. While China’s draconian …

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Nigeria Has Chloroquine Poisonings After Trump Praised Drug

Posted: Mar 23, 2020

Nigeria reported two cases of chloroquine poisoning after U.S. President Donald Trump praised the anti-malaria drug as a treatment for the novel coronavirus. Health officials are warning Nigerians against self-medicating after demand for the drug surged in Lagos, a city …

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Coronavirus Outbreak Exposes Flaws in Design of Pandemic Bonds

Posted: Mar 23, 2020

To offset the crushing costs of trying to stem a global epidemic, the World Bank and partners announced the creation of “pandemic bonds” several years ago: the idea was to leverage private capital from Wall Street firms that would help …

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