Special Coverage: COVID-19

Brazil Insurer Caixa Seguridade Postpones IPO on Coronavirus Worries: Sources

Posted: Mar 10, 2020

Brazilian insurer Caixa Seguridade SA decided on Monday to cancel its initial public offering, two sources with knowledge of the matter said, amid concerns about the new coronavirus and plunging oil prices. Controlling shareholder state bank Caixa Economica Federal had …

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Crawford & Company creates coronavirus helpdesk

Posted: Mar 10, 2020

New platform to serve as an important hub for insurance companies

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Life insurers have plans in place for potential coronavirus pandemic

Posted: Mar 10, 2020

While a lot of the insurance-centered coronavirus discussion has focused on whether health insurers cover coronavirus treatment, LIMRA decided to take a look at how life insurers are planning to deal with possible impacts of a pandemic. A quick LIMRA and LOMA survey of financial services companies f...

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Insurance may cover these coronavirus-related scenarios

Posted: Mar 10, 2020

While commercial insurance policies are not designed to protect against illnesses, standard policies may provide limited coverage.

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Couple Suing Princess Cruise Line Over Coronavirus Claims Improper Screening

Posted: Mar 10, 2020

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 screening protocols in place. Ronald and …

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Carnival’s Princess Sued by Passengers Over Virus Cruise

Posted: Mar 10, 2020

A Florida couple aboard the ship that docked in California Monday with 21 confirmed coronavirus patients is suing Carnival Corp.’s Princess Cruise Lines, saying the company put passengers in danger. Ronald and Eva Weissberger of Florida’s Broward County are seeking …

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What you need to know about coronavirus and supply chains

Posted: Mar 09, 2020

The COVID-19 outbreak is disrupting supply chains for computers, electronics, vehicles and more.

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Coronavirus: How to advise commercial insurance clients

Posted: Mar 09, 2020

Employers can take these steps to address potential or actual COVID-19 occurrences in the workplace.

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Passengers sue over coronavirus-hit Grand Princess cruise ship

Posted: Mar 09, 2020

(Reuters) — A Florida couple who were passengers on the Grand Princess ocean liner linked to the coronavirus outbreak have sued the ship's owner for more than $1 million for putting the couple's health at risk, according to a lawsuit filed on Monday.

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Coronavirus update: States declare emergencies, Italy lockdown and more

Posted: Mar 09, 2020

Here are the latest coronavirus updates from around the world on March 9, 2020.

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New York Residents Can Buy Travel Insurance With Coronavirus Protections

Posted: Mar 09, 2020

New York Residents Can Buy Travel Insurance With Coronavirus Protections Travel insurers and travel agents will offer New York residents and businesses the ability to buy coverage that would allow them to cancel a trip for any reason, including those related to ...

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Virus Threatens to Unleash Lawsuits Against Global Business

Posted: Mar 09, 2020

The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits. Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they didn’t take adequate steps to protect people. Shareholders can …

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Coronavirus Boosts Cyber Risk by Andrew Mahony

Posted: Mar 09, 2020

Concern about the spread of the coronavirus has triggered the largest “work-from-home” mobilization in history. Here are practical steps that organizations can take to remain cyber resilient amid the crisis. The outbreak of COVID-19 has caused significant disruption to businesses and a degree of...

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U.S. Says 7 Firms Falsely Claiming Products Treat COVID-19

Posted: Mar 09, 2020

The Federal Trade Commission and U.S. Food and Drug Administration (FDA) have warned seven companies for allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported claims about their ability to treat coronavirus (COVID-19). The …

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#WCRI2020: Post conference thoughts

Posted: Mar 09, 2020

WCRI policy analyst Vennela Thumula discusses trends in opioid use with Dr. Albert Rielly of Massachusetts General Hospital. By James Lynch, Chief Actuary, Insurance Information Institute It’s a heavy pour in first class on the train back from Boston (Woodford Reserve), but it lets me absor...

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‘Cancel for Any Reason’ Travel Policies Offered in New York as Coronavirus Spreads

Posted: Mar 09, 2020

Six global and national insurance companies have agreed to offer ‘cancel for any reason’ travel policies in New York state after Governor Cuomo on Friday confirmed 11 additional cases of COVID-19, bringing the statewide total number of cases to 44. …

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Outbreak to put stress on European insurers' balance sheets

Posted: Mar 09, 2020

A report by U.S.-based insurance rating agency A.M. Best Co. Inc. has said that the coronavirus outbreak could put European insurers’ balance sheets under stress, although the biggest impact is likely to come from the ensuing economic fallout rather than from direct exposure to the virus.

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Italy puts northern Italy under quarantine to contain outbreak

Posted: Mar 09, 2020

Italy's decision to put up to 16 million people under quarantine in northern Italy, to contain the coronavirus, will effectively shut down a significant part of the economy.

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FACTBOX: Latest News on Coronavirus’ Health, Economic Impact

Posted: Mar 09, 2020

The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage. DEATHS/INFECTIONS * More than 110,000 people have been infected by the coronavirus across the world and over …

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The coronavirus and its impact

Posted: Mar 09, 2020

COVID-19 has upended lives and businesses around the world. These articles provide valuable insights on insurance coverage, preparation tips and more to help individuals and businesses reduce exposures as the virus continues to spread.

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