Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Study: Pandemic Leaves 1 in 4 Unemployed in New Orleans
May 12 2020 // One out of every four workers in New Orleans is without a job because of the coronavirus pandemic, according to a study by the University of Louisiana Lafayette. The study found unemployment in New Orleans is the highest...
Insurers Must Re-Think Pandemic Response or Risk Reputational Damage: UK’s Airmic
May 12 2020 // Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and business sensitive position on the COVID-19 pandemic or risk long-term damage to trust and...
UK Financial Services Firms Weigh Options for Post-Coronavirus Work Arrangements
May 12 2020 // Many of the City of London’s bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain. Banks, insurance companies and...
Commercial Insurance Rates in Q1 Rise 14%, Even Before Impact of COVID-19: Marsh
May 12 2020 // Global average commercial insurance prices increased 14% in the first quarter of 2020 – but the rate hikes were not due to the COVID-19 pandemic, according to insurance broker Marsh in its quarterly Global Insurance...
Why We Can’t Wait Until It’s Safe to Lift Lockdowns: Opinion
May 12 2020 // Officials in the U.S. have undermined hopes of a successful economic reopening because they’ve garbled public messaging, never clearly explaining why strict lockdowns were imposed in the first place. They’ve...
Small Businesses See Coronavirus Effect Lasting 12-16 Months
May 12 2020 // Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next 12-16 months, and nearly 90% are bracing for an economic...
Allianz Posts 29% Drop in Q1 Net Profit as COVID-19 Crisis Slows Business
May 12 2020 // German insurer Allianz said on Tuesday that a key measure of capital may fall below the company’s target floor level as it faces claims for disruption caused by the coronavirus crisis. Allianz, which earlier reported...
Auditor: Coronavirus, Oil Glut Could Cost Louisiana Local Governments $1B
May 11 2020 // The coronavirus battle and the world oil glut could cost cities, parishes and school boards in Louisiana anywhere from $404 million to $1.1 billion over two fiscal years, the state’s Legislative Auditor’s...
U.S. Businesses, Patients Sue China Seeking Damages From Coronavirus Outbreak
May 11 2020 // Before the coronavirus outbreak, Saundra Andringa-Meuer was a healthy 61-year-old mother of six who never smoked or drank alcohol. Then she became seriously ill with the disease after traveling from her Wisconsin home to...
For Global Insurers, Pandemic Likely to Erase Profits Until 2021 Second Half: Fitch
May 11 2020 // While insurance rates have risen for nine consecutive quarters due to large catastrophe losses and accelerating claims inflation, Fitch Ratings expects that technical profits won’t be seen until the second half of...
National Governments Must Help Provide Insurance for Future Lockdowns: EU Regulator
May 11 2020 // National governments must help provide insurance cover for future lockdowns, the industry’s European Union regulator said on Monday, as the private sector cannot afford to provide such broad coverage on its...
Meat Giant Sued for Worker’s Covid-19 Death in Philadelphia
May 11 2020 // The family of a beef plant worker who died because of the coronavirus has brought a wrongful death lawsuit in a Philadelphia court against JBS SA, the world’s biggest meat company. Ferdinand Benjamin filed the suit...
Coronvirus Discrimination and Bullying Hinders Battle Against Pandemic in Japan
May 11 2020 // The coronavirus in Japan has brought not just an epidemic of infections, but also an onslaught of bullying and discrimination against the sick, their families and health workers. A government campaign to raise awareness...
Alabama Enacts Pandemic Lawsuit Protection for Health Care Entities, Businesses
May 11 2020 // New legal protections are being extended to help shield businesses from “frivolous” lawsuits linked to the coronavirus pandemic, Gov. Kay Ivey said Friday. An order issued by Ivey would protect health care...
Georgia Allows Teen Drivers to Bypass Road Test During Pandemic
May 11 2020 // Thousands of teens in Georgia don’t have to take a road test to get their driver’s licenses during the coronavirus pandemic, under an executive order signed by the governor. Teens between the ages of 16 and 18...
New York Strengthens COVID-19 Safety Measures for Nursing Homes
May 10 2020 // New York state on Sunday announced new coronavirus-safety measures to better protect nursing home residents, who are highly vulnerable to the respiratory illness and account for a large share of the nearly 80,000 Americans...
COVID-19 Hits Already-Troubled Nursing Home Insurance Market; Brokers Try to Help
May 10 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according...
Growing Virus Outbreak in Northeast Georgia Causes Concern
May 8 2020 // Gov. Brian Kemp warned on Tuesday that a growing coronavirus outbreak is stressing resources in northeast Georgia. Kemp has moved aggressively to allow businesses to reopen even though infections are on the rise in some...
Towing Company Sued by North Carolina for Pandemic Price-Gouging
May 8 2020 // Authorities in North Carolina filed the state’s first price-gouging lawsuit against a towing company accused of employing predatory towing and booting practices during the coronavirus pandemic. A temporary...
Houston Confronts One-Two Punch of Coronavirus and Oil Bust
May 8 2020 // When you’re known as the energy capital of the world, oil busts are nothing new. But Houston now finds itself in uncharted territory — grappling with an oil downturn in the middle of a pandemic. Like in other...