Special Coverage: COVID-19
Posted: Feb 13, 2020
With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are taking interest in the legal defense of “force majeure.” The …
Posted: Feb 13, 2020
Companies that have spent money on a major telecoms conference in Barcelona that has been canceled after mass withdrawals due to the coronavirus outbreak cannot expect compensation under the organizers’ standard insurance, they said on Thursday. The GSMA telecoms body …
Posted: Feb 13, 2020
Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their policies. The Shanghai Grand Prix …
Posted: Feb 13, 2020
SAN DIEGO — A labeling error caused a woman infected with the novel coronavirus to be mistakenly released from a hospital but the oversight was noticed as she was returning to a San Diego military base where more than 200 …
Posted: Feb 13, 2020
LONDON, Feb 13 — Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their policies. …
Posted: Feb 13, 2020
Carriers Rush to Exclude Coronavirus Epidemic From Event-Cancellation Policies Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the ...
Posted: Feb 13, 2020
Supply-chain disruptions due to Covid-19 could affect health care worldwide and lead to health, travel, life, workers comp, business interruption, and other claims. The Covid-19 coronavirus death toll has passed 1,300 and will likely continue to climb, with more than 60,000 cases reported wo...
Posted: Feb 12, 2020
The coronavirus outbreak in China is clouding the global outlook and leading to both business caution and potential overall weakness in U.S. growth, according to S&P Global. However, given its limited exposure, the U.S. economy should experience only modest impact. …
Posted: Feb 12, 2020
Faced with Covid-19 coronavirus, people – as they tend to during infectious outbreaks – have become concerned about whether and to what extent their insurance will cover costs associated with the event. In the case of travel insurance, there’s good, bad, and ambiguous news. If you contract coron...
Posted: Feb 12, 2020
The news of an outbreak in China of a new type of coronavirus (2019-nCoV), leading to respiratory illness, recalls previous potential pandemic infections. Coronavirus was behind SARS (Severe Acute Respiratory Syndrome) in 2002 and MERS (Middle East Respiratory Syndrome) in 2012. The outbreak is bei...
Posted: Feb 11, 2020
As a hub for international travel and tourism, South Florida businesses are hardly immune from the economic consequences of this epidemic.
Posted: Feb 11, 2020
With the coronavirus outbreak that originated in Hubei province, China, showing no signs of abating any time soon, some companies that buy and sell goods in the Chinese market are taking interest in the legal defense of “force majeure.” The …
Posted: Feb 10, 2020
The world’s best-performing insurance firm has seized on the latest health concern to offer Thailand’s first policy to cover the novel coronavirus. TQM Corp., with partner Bangkok Insurance Pcl, this week introduced a policy that costs 299 baht ($9.62) and …
Posted: Feb 10, 2020
Coverage is for loss of business income or extra expenses incurred because the civil authority ordered a closing to prevent the spread of disease.
Posted: Feb 10, 2020
BEIJING/GENEVA — The World Health Organization (WHO) said on Monday the spread of coronavirus cases which had no history of travel to China could be “the spark that becomes a bigger fire” as people across China trickled back to work …
Posted: Feb 10, 2020
BEIJING, Feb 10 — An advance team of international experts led by the World Health Organization (WHO) has left for Beijing to help investigate China’s coronavirus epidemic, which authorities said on Monday had now claimed 908 lives on the mainland. …
Posted: Feb 07, 2020
Feb 7 (Reuters) – Over two dozen large trade fairs and industry conferences in China and overseas have been postponed or hit by travel curbs and concerns about the spread of a coronavirus, potentially disrupting billions of dollars worth of …
Posted: Feb 07, 2020
WUHAN, CHINA– China’s fast-moving coronavirus spread among passengers of a quarantined Japanese cruise liner on Thursday and dragged down production at more global businesses, as scientists across the world searched for a vaccine. The death toll from the virus in …
Posted: Feb 07, 2020
Thai Broker TQM, Insurer Are First to Roll Out Thai Coronavirus Policy The world's best-performing insurance firm has seized on the latest health concern to offer Thailand's first policy to cover the novel coronavirus. TQM Corp., with partner Bangkok Insurance Pcl, this ...
Posted: Feb 07, 2020
For Hong Kong insurers, the coronavirus outbreak is a second blow. Already reeling from at-times violent demonstrations that slowed the flood of Chinese travelers — one of the biggest sources of new policyholders — to a trickle, the spread of …
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