All the headlines from our COVID-19 Topic Page, ordered by recency.
Aug 28 2020 // Ensconced in a lucrative niche at home, Jack Ma’s Ant Group nevertheless has to look outward. And expanding overseas has never looked so difficult for China’s biggest payments app, even with the war chest from...
Aug 28 2020 // While COVID-19 losses are large and significant for the insurance sector, they are an earnings’ event, rather than a capital event, according to report issued by Hyperion X, the data and analytics division of...
Aug 27 2020 // Arkansas on Wednesday reported its second-highest one-day increase in COVID-19 deaths so far and 649 new confirmed cases of the coronavirus that causes the illness.The Department of Health said the 21 new deaths bring the...
Aug 27 2020 // Gov. Asa Hutchinson has rejected a White House task force’s recommendation that Arkansas close bars and implement other restrictions, despite the state posting the 9th highest rate of positive coronavirus tests in...
Aug 27 2020 // It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong?That’s the proposition...
Aug 27 2020 // A northern Virginia man has pleaded guilty to a $1.4 million fraud scheme to obtain federal funds meant for businesses struggling under the coronavirus pandemic.Tarik Jaafar, 42, of Woodbridge, admitted in U.S. District...
Aug 27 2020 // As COVID-19 cases and deaths continue to rise, so too does the number of lawsuits filed against employers. Recently, an increasing number of families of employees who died from COVID-19 have asserted wrongful death actions...
Aug 27 2020 // U.S. property/casualty insurance underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19...
Aug 27 2020 // The University of Alabama has recorded 531 cases of COVID-19 on campus since the fall semester began last week, according to numbers the university system released Tuesday as officials try to clamp down on student parties,...
Aug 26 2020 // Four overnight camps in Maine successfully stemmed the spread of the novel coronavirus and conducted sessions with over 1,000 attendees from 41 states and international locations this summer, according to a new report...
Aug 26 2020 // The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus packages deplete countries’ fiscal and monetary buffers around the world.At the same time,...
Aug 26 2020 // COVID-19-related claims were not the biggest driver of the North American property/casualty insurance industry’s overall combined ratio during the first six months of 2020. Natural catastrophes cost insurers more,...
Aug 26 2020 // Recently a U.S. Judicial Panel on multidistrict litigation denied a proposal to consolidate cases related to business income losses related to coronavirus. Read that story on Insurance Journal here.This was the right...
Aug 26 2020 // The European Union is offering only partial protection to vaccine makers against legal risks from side-effects of their potential COVID-19 shots, European officials said, in a move that is hampering deals and contrasts...
Aug 26 2020 // East Carolina University reported new COVID-19 clusters at two more dormitories on Monday, two days before the school transitions to online instructions.The school issued an alert saying six positive cases had been...
Aug 26 2020 // Carnival Corp.’s Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and port restrictions due to the COVID-19 pandemic.Cruise lines, hammered by a crisis that has...
Aug 25 2020 // The hundreds of thousands of bikers who attended the Sturgis Motorcycle Rally may have departed western South Dakota, but public health departments in multiple states are trying to measure how much and how quickly the...
Aug 25 2020 // National E&S Insurance Brokers has launched COVID-19 cleaning coverage with an “A” rated carrier specifically designed for non-fire/water restoration contractors who wish to perform COVID-19 cleaning and...
Aug 25 2020 // The global COVID-19 pandemic has exacerbated an “already volatile political risk landscape” with most countries recording elevated political risk.According to a midyear update to insurance broker Marsh JLT...
Aug 24 2020 // Face mask mandates adopted in some Oklahoma communities to reduce the spread of COVID-19 seem to be working, according to a newspaper report.Data from the Oklahoma State Department of Health shows cities with mask mandates...