All the headlines from our COVID-19 Topic Page, ordered by recency.
Mar 12 2020 // Chinese non-life insurers are discovering a silver lining to the cloud spreading over China’s economic performance from the coronavirus outbreak – a sharp drop in car accident claims.Beijing’s efforts to...
Mar 12 2020 // Having initially brushed off the potential impact from coronavirus-linked claims, global insurers are waking up to the prospect of a double whammy – a sharp rise in payouts at a time of big investment losses.Because...
Mar 11 2020 // The severity of the global coronavirus epidemic has reached levels almost certain to trigger a financial instrument sold by the World Bank to raise money for developing countries in a pandemic.The bonds, which were sold in...
Mar 11 2020 // The coronavirus outbreak has largely emptied Seattle’s usually busy downtown streets after Amazon and other companies told tens of thousands of people to work from home. That means far fewer customers for...
Mar 11 2020 // The Maryland General Assembly’s Joint Committee on Administrative, Executive & Legislative Review has approved emergency regulations for all health carriers regulated by the Maryland Insurance Administration...
Mar 11 2020 // Swift-moving developments over the new coronavirus ricocheted across Florida’s Capitol as Gov. Ron DeSantis declared a state of emergency Monday and lawmakers disrupted their legislative session so crews in surgical...
Mar 10 2020 // The number of coronavirus cases in New York state rose Sunday to more than 100, an expected increase Gov. Andrew Cuomo predicts will continue as more testing is done.New York City Mayor Bill de Blasio said Sunday that the...
Mar 10 2020 // Private equity firm KKR & Co Inc. said late on Monday an employee in its London office had tested positive for coronavirus, and that it would temporarily close both its London offices to have them sanitized.“Our...
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...
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...
Mar 9 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...
Mar 9 2020 // Six global and national insurance companies have agreed to offer ‘cancel for any reason’ travel policies in New York state after Governor Andrew Cuomo on Friday confirmed 11 additional cases of COVID-19,...
Mar 9 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.* More than 110,000 people have been infected by the coronavirus across...
Mar 9 2020 // As coronavirus cases exploded across the world, federal medical workers tasked with screening incoming passengers at U.S. airports grew alarmed: Many were working without the most effective masks to protect them from...
Mar 9 2020 // Anna Alexander, a property manager in Virginia Beach, Virginia, started the day Monday thinking that she might avoid shaking hands because of the coronavirus outbreak. Then somebody stuck out a hand to shake.She took it....
Mar 9 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...
Mar 9 2020 // A pandemic is defined as, “an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population.” Although the media lives by the motto, “If it...
Mar 8 2020 // A major insurance claims industry conference scheduled to start Sunday, March 8 has been cancelled due to events related to the coronavirus. The event was scheduled for the Gaylord National Hotel in National Harbor,...
Mar 6 2020 // Austin Mayor Steve Adler declared a local disaster on March 5 that effectively cancels this year’s South by Southwest festival. The 10-day event was scheduled to begin March 13 and expects hundreds of thousands of...
Mar 6 2020 // The number of people infected with the new coronavirus surpassed 100,000 across the world on Friday, as the outbreak reached more countries and economic damage intensified, with business districts beginning to empty and...