Special Coverage: COVID-19
Posted: Mar 04, 2020
As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow …
Posted: Mar 03, 2020
The National Association of Insurance Commissioners (NAIC) has launched a Coronavirus Resource Center in an effort to help support the public, the…
Posted: Mar 03, 2020
COVID-19’s impact on global growth and the insurance industry is likely deeper and wider than the current consensus, and could last well into Q3 and beyond, according to this report. Key findings include: economic impact likely to continue into Q3/Q4 2020 and 2021; the event could reduce global GDP...
Posted: Mar 03, 2020
As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow …
Posted: Mar 03, 2020
The Insurance Information Institute invites members to a webinar titled “Covid-19’s Impact on Health, the Economy and Growth” on March 5 at 11:00 a.m. EST presented by Triple-I Vice President and Senior Economist Michel Léonard, PhD, CBE. Dr. Lèonard will discuss the following key points:...
Posted: Mar 03, 2020
AMBestTV reports on two major gatherings of insurance luminaries: the annual Property/Casualty Insurance Joint Industry Forum and St. John’s University’s 25th annual Insurance Leader of the Year Awards Dinner. Video news also includes coverage of Pennsylvania Lumbermens Mutual’s 125th anniversary, t...
Posted: Mar 03, 2020
Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidemic outbreaks. Hotels hit by cancellations may fare better. That is because a new type of insurance …
Posted: Mar 03, 2020
The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S. property/casualty companies, nor their ratings, according to Fitch Ratings. The nature of insured commercial exposures along with restrictive language embedded …
Posted: Mar 03, 2020
Parametric Insurance Offers Hotels Some Relief From Coronavirus Event Cancellations Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidemic outbreaks. Hotels hit by cancellations may fare ...
Posted: Mar 03, 2020
The New York State Department of Financial Services is requiring New York health insurers to waive cost sharing associated with testing for novel coronavirus, including emergency room, urgent care and office visits. New Yorkers receiving Medicaid coverage will also not …
Posted: Mar 03, 2020
AIR Worldwide published an evaluation of potential coronavirus disease 2019 (COVID-19) cases in other countries, using its pandemic model to run hypothetical scenarios, which could reveal those countries at the highest risk for onward infections. In these scenarios, AIR simulated …
Posted: Mar 03, 2020
The upheaval from the coronavirus outbreak may be the final jolt that the world’s biggest companies need to reevaluate how they operate in a globalized economy, the OECD’s chief economist Laurence Boone said. The sprawling, continent-crossing supply chains of corporations …
Posted: Mar 03, 2020
Fear and confusion create a climate ripe for fraud. Here are some potential schemes company leaders and risk management executives should prepare for.
Posted: Mar 02, 2020
LOS ANGELES — In a Koreatown restaurant known for its beef bone broth soup, the lunchtime crowd Friday was half its normal size. The reason was a virulent rumor about a customer with coronavirus. Han Bat Shul Lung Tang was …
Posted: Mar 02, 2020
Current estimates outside of China are 7,000 to 19,000 moderately symptomatic, 3,000 to 10,000 severely symptomatic, and 500 to 6,000 deaths.
Posted: Mar 02, 2020
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 market volatility, according to a report from Moody’s Investors Service. An …
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 ...
Statistics
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