Special Coverage: COVID-19

Long-term COVID effects may lead to elevated mortality in US & UK: Swiss Re

Posted: Sep 16, 2024

If the ongoing impact of COVID-19 is not curtailed, excess mortality rates in the general population may remain up to 3% higher than pre-pandemic levels in the US and 2.5% in the UK by 2033, as per a report from the Swiss Re Institute. According to the report, typically, all-cause excess mortality s...

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From Talent Shortages to Climate Risks, Are Supply Chain Disruptions the New Normal?

Posted: Sep 09, 2024

Four years after COVID-19, many companies are still battling supply chain challenges. Have we learned anything? The post From Talent Shortages to Climate Risks, Are Supply Chain Disruptions the New Normal? appeared first on Risk & Insurance.

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How Agents Can Assist Restaurants in a New Era of Growth

Posted: Sep 08, 2024

While there is excitement about the continued recovery of an industry that suffered tremendously during the coronavirus pandemic, these businesses—the cornerstones of our communities—still have challenges to contend with.

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London’s ExCel Centre Wins Insurance Appeal Over COVID-19 Losses

Posted: Sep 06, 2024

The owners of London’s ExCel conference center on Friday won an appeal brought by insurers, including Allianz, over pandemic-related losses, which its lawyers said could help thousands of other policyholders. London International Exhibition Centre Plc took legal action at London’s &#8230...

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AAA: Driving Habits Stabilize Since Pandemic, But Older Cars Pose Safety Issues

Posted: Sep 03, 2024

AAA: Driving Habits Stabilize Since Pandemic, But Older Cars Pose Safety Issues The results of the 2023 American Driving Survey reveals that overall driving patterns have rebounded from the COVID-19 pandemic, according to the AAA Foundation for Traffic Safety. The percentage of ...

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Oklahoma Manufacturer Sued For Firing Employees Over COVID Vaccine Exemptions

Posted: Sep 03, 2024

AG Equipment Company, a Broken Arrow, Oklahoma compressor packaging manufacturer, violated federal law when it fired 10 employees for failing to receive a COVID-19 vaccination because of their religious beliefs or medical restrictions, the U.S. Equal Employment Opportunity Commission (EEOC) …

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Michigan Court: Businesses Can’t Get State Compensation Over Pandemic Closures

Posted: Sep 03, 2024

DETROIT (AP) — The Michigan Supreme Court on Friday shut the door on businesses seeking to be paid by the state for restrictions that harmed sales during the COVID-19 pandemic. The court, in a pair of 5-2 orders, let stand …

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Michigan Golf Club Pays $440K Settlement for Alleged Fraudulent Pandemic Loan

Posted: Aug 28, 2024

RICHLAND, Mich. (AP) — A golf club in southwestern Michigan has agreed to pay $440,000 to settle allegations that it wrongly obtained a loan through a federal program during the COVID-19 pandemic, authorities said Monday. Gull Lake Country Club, near …

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The 5 Vectors of Enterprise Transformation

Posted: Aug 27, 2024

The 5 Vectors of Enterprise Transformation Operational Efficiency ClareCarroll1 Tue, 08/27/2024 - 20:04 Here is a leader’s guide to the best techniques for waging war on the status quo, with customers the cause and to the good of shareholders....

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What AI Can Do for Agents

Posted: Aug 27, 2024

What AI Can Do for Agents Agent & Broker sradomski Tue, 08/27/2024 - 11:47 Generative AI creates huge opportunities for efficiency, especially in gathering, understanding, and comparing documents during renewals, and can point out revenue o...

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Swiss Re reveals new advanced tool for evaluating coronary artery disease risk

Posted: Aug 27, 2024

Swiss Re, a global reinsurer, has introduced an upgrade to its Life Guide underwriting manual, specifically enhancing the coronary artery disease (CAD) calculator. This advanced tool is now available to more than 25,000 Life Guide users across 800 companies in 100 countries. The enhanced CAD calcula...

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North Carolina Supreme Court Says Speedway Can Sue Over COVID Closure

Posted: Aug 27, 2024

RALEIGH, N.C. (AP) — A North Carolina racetrack, shuttered briefly for defying state gathering limits during the pandemic, can sue the top health regulator on allegations that Gov. Roy Cooper’s administration violated the constitutional rights of its operators by trying …

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Aviation Risk, Claims and Insurance Outlook

Posted: Aug 10, 2024

Aviation Risk, Claims and Insurance Outlook Commercial Lines ClareCarroll1 Sat, 08/10/2024 - 15:30 While the general outlook for the industry is positive, there are still lots of challenges to tackle, including soaring repair costs and a lack o...

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Securities Class Action Filings Rise in First Half of 2024, AI Cases Emerge

Posted: Aug 06, 2024

The number of filings in most trend categories is on pace to decline in 2024, except for AI and COVID-19-related filings, which are on pace to increase, the report finds. The post Securities Class Action Filings Rise in First Half of 2024, AI Cases Emerge appeared first on Risk & Insurance.

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4 Ways Online Payments Improve the Insurance Agent Experience

Posted: Aug 06, 2024

4 Ways Online Payments Improve the Insurance Agent Experience From Our Partners sradomski Tue, 08/06/2024 - 10:31 Independent agents are key for insurance. Carriers need a simple digital billing platform to improve efficiency and customer exper...

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Riding the Insurance Roller Coaster

Posted: Aug 05, 2024

Riding the Insurance Roller Coaster Commercial Lines ClareCarroll1 Mon, 08/05/2024 - 23:36 For four years, the P&C market has been on a wild ride. And buckle up. A lot more ups and downs are coming. August 5, 2024...

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Climate Change and the Insurance Supply Problem

Posted: Jul 28, 2024

Climate Change and the Insurance Supply Problem Resilience & Sustainability ClareCarroll1 Sun, 07/28/2024 - 12:40 There is a bigger problem that is not widely discussed – the sheer complexity of bringing products to market quickly and updat...

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Inflation Remains Insurers' Top Concern

Posted: Jul 22, 2024

Inflation Remains Insurers' Top Concern PaulCarroll Mon, 07/22/2024 - 17:32 I always look forward to the release of the Global Priorities Survey by our colleagues at the International Insurance Society because it provides a reality check for me. While I read voraciously and talk to...

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