Special Coverage: COVID-19

Two People Who Attended Cyber Event Contract Coronavirus

Posted: Mar 11, 2020

Two cybersecurity company employees who attended an annual industry conference last month in San Francisco have tested positive for the coronavirus. At least one is seriously ill with respiratory issues. One of the workers at Exabeam Inc. is a 45-year-old …

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Two Former Grand Princess Passengers Sue Owners, Alleging Profits Over Safety

Posted: Mar 11, 2020

Two Former Grand Princess Passengers Sue Owners, Alleging Profits Over Safety A Florida couple who was aboard the coronavirus-hit Grand Princess ocean liner has sued the ship's owner for more than $1 million, claiming the company put profits over safety and did not have proper ...

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Boeing Plans Full Drawdown of $13.825 Billion Loan

Posted: Mar 11, 2020

Boeing Co. is planning to draw down the full amount of a $13.825 billion loan as early as Friday as the planemaker grapples with worldwide travel disruptions from the coronavirus, people familiar with the matter said. Boeing obtained the loan …

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Caution is based in knowledge, fear is based in suspicion

Posted: Mar 11, 2020

I’ve been wrestling over what to write here for the last several days. Here is a list of different articles that I ultimately rejected for several different reasons. Why losses related to COVID-19 is not covered on (you pick) policies. …

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Possible Delay of Tokyo Olympics Dismissed by Head of Organizing Committee

Posted: Mar 11, 2020

A delay of one or two years would be the “most feasible” option if the Tokyo Olympics cannot be held this summer due to the global outbreak of the coronavirus, a member of the organizing committee’s executive board told Reuters. …

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Small Businesses in Seattle Pinched as Virus Keeps Workers Home

Posted: Mar 11, 2020

The coronavirus outbreak has largely emptied Seattle’s usually busy downtown streets after Amazon and other companies told tens of thousands of people to work from home. That means far fewer customers for restaurants, shops and other businesses. The Seattle area …

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Prudential Plc declares strong year end results for 2019

Posted: Mar 11, 2020

It also points to the impact of the coronavirus outbreak

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COVID-19 Emergency Regulations for Health Carriers Approved in Maryland

Posted: Mar 11, 2020

The Maryland General Assembly’s Joint Committee on Administrative, Executive & Legislative Review has approved emergency regulations for all health carriers regulated by the Maryland Insurance Administration (MIA). The following new regulations, issued by Governor Larry Hogan to control the spread …

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British Airways, Ryanair to suspend all Italy flights

Posted: Mar 11, 2020

U.K.-based British Airways PLC and Irish airline Ryanair DAC plan to suspend all flights to and from Italy after the entire nation was placed in lockdown to contain the coronavirus outbreak.

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Outbreak increases market risks for Japanese insurers

Posted: Mar 11, 2020

An analysis by U.S.-based credit rating agency Fitch Ratings Inc. concluded that Japanese insurers would experience minimal insured losses related to the coronavirus outbreak, but would instead face greater market risks such as interest rates, equities, credit-spread products, or currencies.

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Risk Matrix | Raining Iguanas, Hacking the NFL, the Rapid Spread of Coronavirus and More

Posted: Mar 11, 2020

The post Risk Matrix | Raining Iguanas, Hacking the NFL, the Rapid Spread of Coronavirus and More appeared first on Risk & Insurance.

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Florida Governor Declares State of Emergency Over Coronavirus

Posted: Mar 11, 2020

Facing a growing public health crisis, Florida Gov. Ron Desantis declared a state of emergency Monday to better marshal resources and get outside help against a new strain of coronavirus that has killed two people in his state. In announcing …

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Couple aboard the Grand Princess is suing over virus quarantine

Posted: Mar 11, 2020

Two Florida passengers, who were stuck on a coronavirus-stricken cruise ship, are seeking more than $1M in damages.

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NAIC cancels in-person spring meeting due to coronavirus concerns

Posted: Mar 10, 2020

The state regulator group will move the proceedings to a virtual format.

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Closely watched opioid trial postponed due to coronavirus

Posted: Mar 10, 2020

A highly anticipated trial pitting New York state against McKesson Corp., Johnson & Johnson, CVS Health Corp. and others for allegedly fueling the opioid epidemic has been postponed due to the coronavirus outbreak, according to the court.

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COVID-19 Meets Cyberrisk

Posted: Mar 10, 2020

As COVID-19 spreads, we’ve been hearing more about the importance of hygiene and maintaining “social distance.” Last night I found out the cyberrisk conference I was scheduled to attend this morning had been changed to a “virtual” meeting. With so many events being canceled or postponed out of a...

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Florida Theme Parks Keep Eye on Virus as Spring Break Nears

Posted: Mar 10, 2020

ORLANDO, Fla. — As Florida’s busy spring break season kicked off this month, coronavirus czar Vice President Mike Pence addressed something that’s been on the mind of tens of thousands of families preparing to travel to theme parks: Is it …

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Coronavirus Motel Ignites Clash at Epicenter of Seattle Outbreak

Posted: Mar 10, 2020

What started as a bold plan to slow the spread of the coronavirus in the Seattle area is quickly devolving into a Nimby battle. Officials in King County, Washington, the epicenter of the outbreak in the U.S., said this week …

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Coronavirus Resource Update 3/10/20

Posted: Mar 10, 2020

Stay Informed Whether you bite your nails, habitually touch your face or have a tendency to share beverages with friends, now is the time to adhere to a few critical behaviors. It’s also a time to remain abreast of the …

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Coronavirus Resource Update 3/11/20

Posted: Mar 10, 2020

Stay Informed Whether you bite your nails, habitually touch your face or have a tendency to share beverages with friends, now is the time to adhere to a few critical behaviors. It’s also a time to remain abreast of the …

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