All the headlines from our COVID-19 Topic Page, ordered by recency.
Apr 17 2020 // Allianz SE Chief Executive Officer Oliver Baete warned the coronavirus has upended insurers’ business models and will cause “massive” losses across the industry.The virus has forced closures across the...
Apr 17 2020 // A senior FBI cybersecurity official said on Thursday that foreign government hackers have broken into institutions conducting research into treatments for COVID-19, the sometimes fatal respiratory illness caused by the new...
Apr 16 2020 // The Arkansas Insurance Department is advising auto insurance consumers to contact their insurance agents as to whether their auto insurance carrier is offering premium relief in light of the COVID-19 health crisis.AID has...
Apr 16 2020 // A group of agriculture economists said on April 15 the coronavirus pandemic will cause billions of dollars in damage to Iowa’s crop and livestock industries.In a report released from Iowa State University’s...
Apr 16 2020 // Blood tests for the coronavirus could play a key role in deciding whether millions of Americans can safely return to work and school. But public health officials warn that the current “Wild West” of unregulated...
Apr 16 2020 // Progressive Insurance has donated $2 million to establish the Trusted Choice COVID-19 Relief Fund in response to the economic and operational challenges the coronavirus crisis has presented to independent agencies.The...
Apr 16 2020 // Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers staying home and sheltering in place. That change led to carriers issuing between $8...
Apr 16 2020 // AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the weeks ahead.The company said its Verisk COVID-19 Projection Tool, designed with AIR’s...
Apr 16 2020 // Arch Capital Group Ltd. said its estimated pre-tax losses for claims incurred due to the COVID-19 pandemic could reach $145 million.Breaking down the total, Arch said COVID-19 claims across its property casualty insurance...
Apr 16 2020 // Britain’s banks have enough funds to keep lending to the economy even under the deep recession scenario outlined by a government watchdog, Bank of England Deputy Governor Sam Woods said on Wednesday.The BoE has...
Apr 16 2020 // A ruling last week not to wipe out holders of a World Bank financial instrument providing emergency funds to poor countries in a pandemic, was just a stay of execution if bond markets are to be believed.The riskier $95...
Apr 16 2020 // Brightway Insurance has made changes to its franchise contract in a move that is designed to make it easier to attain franchise ownership during the current coronavirus pandemic.According to Brightway President and CEO...
Apr 15 2020 // New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that...
Apr 15 2020 // MAPFRE Insurance has announced its Staying Home Refund program, which will return 15 percent of April and May premium to its voluntary personal auto policyholders in Massachusetts, totaling more than $30 million.On...
Apr 15 2020 // Safety Insurance has announced a premium reduction plan and several other steps to meet policyholder and community needs during the ongoing COVID-19 pandemic.The Safety Personal Auto Relief Credit offers eligible Safety...
Apr 15 2020 // Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that do should make interim pay-outs quickly, a watchdog said on Wednesday, as insurers come...
Apr 15 2020 // The U.S. agency that enforces workplace safety laws has said it will prioritize work site inspections of healthcare facilities over other “essential” businesses that remain open during the coronavirus...
Apr 15 2020 // QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market uncertainty created by the coronavirus crisis.The company will raise approximately $750 million of equity...
Apr 15 2020 // Europe should not cede its sovereignty to Silicon Valley when it comes to using technology to help trace those at risk of coronavirus infection, the German developers of a smartphone app said on Tuesday.Apple and Google...
Apr 15 2020 // A beef processing plant in one of Iowa’s coronavirus hot spots has suspended production after several workers have become infected.National Beef announced that its Iowa Premium plant in Tama will be idled until April...