Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Coronavirus Effect on Agency Value
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...
3-Part Hiring Plan During COVID-19
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...
COVID-19 Claims to Hit Lloyd’s on Multiple Lines, Says CEO Neal
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...
Coronavirus Impact on Aviation Insurance: Gallagher
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...
Travelers to Provide $100 Million Cash Flow Boost to Agents Amid Coronavirus Crisis
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...
Mississippi Businesses Shift Production During Pandemic
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...
47 Long-Term Care Sites in Louisiana Seen as Coronavirus ‘Clusters’
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...
Illinois Lawsuits Challenge Society Insurance’s Coronavirus Claim Denials
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...
A Coronavirus Outbreak Among Farm Workers Would Be Catastrophic: Viewpoint
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...
Glyphosate Settlement Talks Delayed by Coronavirus, Bayer Reports
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...
Gig Workers Seeking Coronavirus Unemployment Insurance Frustrated
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...
This Insurance Would Have Helped in Coronavirus Crisis But Nobody Bought It
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...
Fitch Places Lloyd’s of London’s on Rating Watch Negative on COVID-19 Crisis
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...
Reuters: Banks Cite Liability Risks, May Not Participate in Coronavirus Lending Plan
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...
How Social Inflation May Affect Coronavirus Business Interruption Losses
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...
Aon Enhances Reinsurer E-Trading Portal to Support Remote Working During Pandemic
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...
COVID-19 Pandemic Threatens Gulf Insurers’ Earnings: S&P Report
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...
The National Alliance for Insurance Education & Research Releases Distance-Learning Programs Amid Coronavirus Pandemic
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...
Alabama Neighborhood Slammed by Twister During Virus Quarantine
Apr 2 2020 // An apparent tornado slammed into an Alabama neighborhood, shattering more than a dozen homes Tuesday while people were hunkered down inside because of the coronavirus outbreak, as storms caused damage from Mississippi to...
Kentucky Coronavirus Worker, Employer Relief Bill Signed by Governor
Apr 2 2020 // Legislation offering relief to workers and employers suffering economic damage from the coronavirus pandemic was signed by Kentucky Gov. Andy Beshear on Monday. The bill was put on the fast track by lawmakers last week as...
