Special Coverage: COVID-19

Coronavirus Cases in at Least 10 Washington Nursing Homes

Posted: Mar 12, 2020

At least 10 long-term care facilities in the Seattle area have reported COVID-19 cases, with deaths at three of them _ a worrying development as health officials have cautioned that the elderly and those with underlying conditions are especially at …

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California Governor Warns of More Restrictions to Stop Virus

Posted: Mar 12, 2020

California Gov. Gavin Newsom urged the state’s nearly 40 million residents to avoid sporting events, concerts and large gatherings to prevent the spread of the coronavirus and adamantly warned the elderly to stay away from cruise ships as he pondered …

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Silver lining for some: Virus shutdown boosts China nonlife insurers

Posted: Mar 12, 2020

(Reuters) — Chinese nonlife insurers are discovering a silver lining to the cloud spreading over China's economic performance from the coronavirus outbreak — a sharp drop in car accident claims.

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Lloyd’s to Shut London Building for Coronavirus Stress-Test – But Trading Will Continue

Posted: Mar 12, 2020

Lloyd’s is shutting its London underwriting room at 1 Lime Street for one day for a contingency planning exercise in response to the coronavirus outbreak. Starting at midnight tonight and for 24 hours, Lloyd’s will stress-test its alternative trading protocols, …

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Governor Murphy Waives Fees for COVID-19 Testing for Some New Jersey Residents

Posted: Mar 12, 2020

New Jersey Governor Phil Murphy said Tuesday the state will waive fees for COVID-19 testing for more than 2 million residents on certain health plans. The waivers apply to residents with health insurance through their jobs with the state and …

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Insurers impacted by coronavirus twice over

Posted: Mar 12, 2020

As the pandemic worsens, one line of insurance is especially hurting

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Outbreak could hurt Mexican car production

Posted: Mar 12, 2020

Mexican officials have said that local automobile factories might have to suspend production as the coronavirus outbreak disrupts shipments of key parts from China.

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China Non-Life Insurers See Big Drop in Car Accident Claims in Coronavirus Silver Lining

Posted: Mar 12, 2020

Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car accident claims. Beijing’s efforts to contain the new coronavirus have included widespread travel and …

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Insurers Face Big Investment Losses, Trade Credit Claims from Coronavirus Crisis

Posted: Mar 12, 2020

Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy – a sharp rise in payouts at a time of big investment losses. Because epidemics are excluded from …

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ClearRisk announces work from home policy amid coronavirus

Posted: Mar 12, 2020

Insurtech also offers tips on how other companies can address the pandemic issue

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COVID-19: More than a health threat

Posted: Mar 12, 2020

The coronavirus has put companies' brands and reputations at risk, but a strong crisis communications plan can help mitigate damage.

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Coronavirus Likely to Trigger Pandemic Bond Payouts to Poor Countries

Posted: Mar 11, 2020

The severity of the global coronavirus epidemic has reached levels almost certain to trigger a financial instrument sold by the World Bank to raise money for developing countries in a pandemic. The bonds, which were sold in 2017, are quoted …

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Trump restricts travel from Europe, offers aid for businesses

Posted: Mar 11, 2020

In his address, Trump claimed that his early action to restrict travel from China slowed the spread of the coronavirus in the U.S.

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Wading through the coronavirus maze

Posted: Mar 11, 2020

A new podcast from FC&S and PropertyCasualty360.com highlights some of the issues surrounding COVID-19 for insurers.

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Coronavirus conference canceled over coronavirus concerns

Posted: Mar 11, 2020

Coronavirus has no business in business conferencing, as the Council on Foreign Relations announced that it is canceling Friday’s roundtable event in New York — “Doing Business Under Coronavirus” — because of the virus threat.

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OSHA reminds employers COVID-19 is a recordable illness

Posted: Mar 11, 2020

The Occupational Safety and Health Administration released on Monday guidance to help employers prepare their workplaces for an outbreak of COVID-19 — along with a reminder that any incidents of employees contracting the novel coronavirus at work are recordable illnesses, subject to the same rules a...

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Coronavirus expected to affect insurer returns more than claims

Posted: Mar 11, 2020

The effects on property/casualty insurers of the novel coronavirus will manifest more in investment returns than claims, according to a report Wednesday from investment banking company Piper Sandler & Co.

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Credit insurers likely to limit coverage amid pandemic: Marsh

Posted: Mar 11, 2020

Trade credit insurers are currently reviewing their exposures and will likely limit coverage amid the growing economic fallout from the coronavirus outbreak, Marsh LLC experts said Wednesday.

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Trade credit insurers likely to limit cover amid pandemic: Marsh

Posted: Mar 11, 2020

Trade credit insurers are currently reviewing their exposures and will likely limit coverage amid the growing economic fallout from the coronavirus outbreak, Marsh LLC experts said Wednesday.

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NBA, MLB, NHL, MLS Closing Locker Rooms Amid Virus Scare

Posted: Mar 11, 2020

MIAMI — The NBA, NHL, Major League Baseball and Major League Soccer are closing access to locker rooms and clubhouses to all nonessential personnel, including media, in response to the coronavirus crisis, the leagues announced in a joint statement Monday …

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Statistics

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U.S. Cases by State

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