Special Coverage: COVID-19
Posted: Mar 02, 2020
By Dr. Steven Weisbart, CLU Dr. Steven Weisbart COVID-19, the new coronavirus, has killed more than three times as many people as the 2003 SARS epidemic. The World Health Organization (WHO) reported that, as of 10 a.m. Central European Time (CET) on March 1, there were 87,137 confirmed...
Posted: Mar 02, 2020
The U.S. Department of Health and Human Services confirmed on Sunday that it is investigating a manufacturing defect in some initial coronavirus test kits that prompted some states to seek emergency approval to use their own test kits. On Saturday, …
Posted: Mar 02, 2020
Global Insurers, Reinsurers Face Coronavirus Outbreak Exposures: Moody’s Global insurers and reinsurers are exposed to the coronavirus outbreak directly through a potential spike in claims, and indirectly through the impact on economic growth and the resultant financial ...
Posted: Mar 02, 2020
The rapid spread of the new coronavirus has increased fears of a pandemic, sending global markets into a dive and prompting governments to step up control measures. As of Monday, there have been over 89,000 cases of the virus globally, …
Posted: Mar 02, 2020
Even as U.S. officials warn of an inevitable outbreak of coronavirus in the United States, and are alerting Americans to take precautions, some health agencies charged with protecting the public appear unprepared to deal with the threat. Barely more than …
Posted: Mar 02, 2020
Since the outbreak is common knowledge, insurers consider it to have a foreseeable impact on travelers
Posted: Mar 02, 2020
Major North American professional sports leagues are talking to health officials and informing teams about the coronavirus outbreak that has led to the first reported deaths in the U.S. Officials from the National Basketball Association, National Hockey League and Major …
Posted: Mar 02, 2020
Rising number of coronavirus cases prompts cancelation talks
Posted: Mar 02, 2020
Claims arising from COVID-19 are likely to affect just about every line of insurance, but it’s people who are paying the highest price.
Posted: Mar 01, 2020
In addition to reviewing products and coverages, insurers should direct IT organizations to work with their operational risk committees to review their pandemic scenarios and run simulation testing ASAP to make sure there are no surprises.
Posted: Feb 28, 2020
Posted: Feb 28, 2020
New York’s governor says he will ask state lawmakers in coming days to approve $40 million to help state health officials respond to the deadly coronavirus outbreak. Governor Andrew Cuomo, a Democrat, told reporters Wednesday that the funding will help …
Posted: Feb 28, 2020
Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars. Japan has more than 200 cases of …
Posted: Feb 28, 2020
Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of dollars. Japan has more than 200 cases of …
Posted: Feb 28, 2020
Insurers Risk Significant Losses if Coronavirus Prompts Olympics Cancellation Global insurers face a hefty bill if the coronavirus forces the cancellation of the Summer Olympics in Tokyo, with estimates of the cost of insuring the sporting showpiece running into billions of ...
Posted: Feb 28, 2020
As we take our precautions and wait for the World Health Organization (WHO) and the U.S. Centers for Disease Control and Prevention (CDC) to declare COVID-19 a pandemic, now might be a good time to breathe and think about what this outbreak and other perils in the news can teach us about how we...
Posted: Feb 28, 2020
The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe say that it probably is. The bonds, sold in 2017 by the World Bank to raise money for poor countries …
Posted: Feb 28, 2020
The virus outbreak has the potential to hurt upcoming peak travel periods, threatening airline profits.
Posted: Feb 27, 2020
The World Health Organization says the coronavirus isn’t yet a global pandemic. Bonds that insure against just such a catastrophe say that it probably is. The bonds, sold in 2017 by the World Bank to raise money for poor countries …
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U.S. Cases by State
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