Special Coverage: COVID-19
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 ...
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.
Statistics
Global Stats
No stats available...
U.S. Stats
No stats available...
U.S. Cases by State
No stats available...