All the headlines from our COVID-19 Topic Page, ordered by recency.
Apr 6 2020 // What may be the first U.S. securities lawsuits alleging misdeeds related to coronavirus were filed in late March — one against a cruise line and another against a pharmaceutical company that claimed to have developed...
Apr 6 2020 // While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is in a strong position to respond to the impacts of COVID-19.Lloyd’s return to profit was the...
Apr 6 2020 // Life has changed for everyone since the lockdown of US citizens and businesses a few weeks ago by our local and federal governments. No one can really believe that in such a short time, beginning mid-March, that our lives...
Apr 6 2020 // My recruiting career began 18 months before The Great Recession, so to say I’m seeing similarities between then and the current COVID-19 situation is an understatement. I remember the anxiety and uncertainty about...
Apr 6 2020 // Lloyd’s insurers face COVID-19 related claims from approximately 14 categories of insurance, said Chief Executive Officer John Neal during a media call to discuss the market’s 2019 results.Neal said it is too...
Apr 5 2020 // Airplanes with a total insured value of more than $160 billion are grounded around the world, presenting risks for insurers, a report said on Friday.Singapore has the largest number of planes standing idle at airports, at...
Apr 5 2020 // The Travelers Companies announced that it will accelerate commission payments to eligible agents and brokers to help them ease liquidity concerns due to the COVID-19 crisis. In total, Travelers said it is accelerating more...
Apr 3 2020 // As the nation hunkers down and people shelter in place amid the coronavirus pandemic, several Mississippi businesses have stayed open, switching gears to make much-needed products.A jeans company is making face guards, a...
Apr 3 2020 // As coronavirus cases spike ever higher in Louisiana, the state’s nursing homes, assisted living sites and adult residential care facilities are showing more and more “clusters” of the virus, but the full...
Apr 3 2020 // Two lawsuits have been filed in federal court in Illinois by a group of businesses — who were forced to close their operations by government authorities as a result of the COVID-19 pandemic — over the denial of...
Apr 3 2020 // There is no evidence that Covid-19 has been transmitted by food or food packaging, according to U.S. federal health agencies. How the virus fares among food workers may be a different story.By law, food manufacturers must...
Apr 3 2020 // Talks between Bayer AG and plaintiff lawyers to settle claims that the German company’s glyphosate-based weedkillers cause cancer have been slowed by the coronavirus pandemic, Bayer’s Chief Executive told daily...
Apr 3 2020 // Uber and Lyft drivers are hitting a wall in their efforts to apply for the coronavirus jobless benefits promised by Congress as state agencies say they are not ready to handle a class of workers who are totally new to the...
Apr 3 2020 // Like everyone else, Peter Lacovara is coping with COVID-19, working at home to limit contagion to the coronavirus and stay healthy. He’s also plugging away trying to keep businesses healthy, as well.In his role as a...
Apr 3 2020 // Fitch Ratings has placed Lloyd’s of London’s ‘AA-‘ Insurer Financial Strength (IFS) ratings on rating watch negative, on the uncertainty and increased risk to Lloyd’s earnings and underwriting...
Apr 2 2020 // Thousands of U.S. banks, including some of the country’s largest lenders, have said they may not participate in the federal government’s small-business rescue program due to concerns about taking on too much...
Apr 2 2020 // COVID-19 could produce a big increase in social inflation, according to A.M. Best. The reason: expectations that businesses will sue their insurers in an attempt to access their business interruption coverage for losses...
Apr 2 2020 // Aon plc, the global re/insurance broker, has enhanced its reinsurer trading portal, ABConnect Placements, to electronically bind treaty placements with Lloyd’s of London and International Underwriting Association...
Apr 2 2020 // The fallout from the coronavirus pandemic and tumbling oil prices threaten the earnings of insurers in the Gulf, S&P Global Ratings said on Wednesday, possibly leading to negative rating actions.“Most insurers we...
Apr 2 2020 // Austin, TX, April 1, 2020 – The National Alliance for Insurance Education & Research has postponed all classroom programs until May 1 to keep insurance and risk management professionals safe. In response to the...