Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Private Equity Firm KKR Shuts London Offices on Employee Diagnosis of Coronavirus
Mar 10 2020 // Private equity firm KKR & Co Inc. said late on Monday an employee in its London office had tested positive for coronavirus, and that it would temporarily close both its London offices to have them sanitized. “Our...
Brazil Insurer Caixa Seguridade Postpones IPO on Coronavirus Worries: Sources
Mar 10 2020 // Brazilian insurer Caixa Seguridade SA decided on Monday to cancel its initial public offering, two sources with knowledge of the matter said, amid concerns about the new coronavirus and plunging oil prices. Controlling...
Couple Suing Princess Cruise Line Over Coronavirus Claims Improper Screening
Mar 10 2020 // A Florida couple who was aboard the coronavirus-hit Grand Princess ocean liner has sued the ship’s owner for more than $1 million, claiming the company put profits over safety and did not have proper screening...
U.S. Says 7 Firms Falsely Claiming Products Treat COVID-19
Mar 9 2020 // The Federal Trade Commission and U.S. Food and Drug Administration (FDA) have warned seven companies for allegedly selling unapproved products that may violate federal law by making deceptive or scientifically unsupported...
‘Cancel for Any Reason’ Travel Policies Offered in New York as Coronavirus Spreads
Mar 9 2020 // Six global and national insurance companies have agreed to offer ‘cancel for any reason’ travel policies in New York state after Governor Andrew Cuomo on Friday confirmed 11 additional cases of COVID-19,...
FACTBOX: Latest News on Coronavirus’ Health, Economic Impact
Mar 9 2020 // The number of people infected with coronavirus topped 110,000 across the world as the outbreak reached more countries and caused more economic damage. DEATHS/INFECTIONS * More than 110,000 people have been infected by the...
Workers on Coronavirus Front Lines Fear Protections Are Inadequate
Mar 9 2020 // As coronavirus cases exploded across the world, federal medical workers tasked with screening incoming passengers at U.S. airports grew alarmed: Many were working without the most effective masks to protect them from...
How People Perceive and Manage Risks Like Coronavirus
Mar 9 2020 // Anna Alexander, a property manager in Virginia Beach, Virginia, started the day Monday thinking that she might avoid shaking hands because of the coronavirus outbreak. Then somebody stuck out a hand to shake. She took...
Fitch Sees Only ‘Modest Impact’ on U.S. P/C Insurance from Coronavirus
Mar 9 2020 // The coronavirus (COVID-19) outbreak is not currently anticipated to have a meaningful adverse impact on financial results reported by U.S. property/casualty companies, nor their ratings, according to Fitch Ratings. The...
Coronavirus, Pandemics and Workers’ Compensation
Mar 9 2020 // A pandemic is defined as, “an outbreak of a disease that occurs over a wide geographic area and affects an exceptionally high proportion of the population.” Although the media lives by the motto, “If it...
This Week’s PLRB Claims Conference Cancelled Due to Concern Over Coronavirus
Mar 8 2020 // A major insurance claims industry conference scheduled to start Sunday, March 8 has been cancelled due to events related to the coronavirus. The event was scheduled for the Gaylord National Hotel in National Harbor,...
Austin’s SXSW Cancelled Due to Texas Coronavirus Cases
Mar 6 2020 // Austin Mayor Steve Adler declared a local disaster on March 5 that effectively cancels this year’s South by Southwest festival. The 10-day event was scheduled to begin March 13 and expects hundreds of thousands of...
Coronavirus Wreaks Havoc on Global Businesses as Infections Pass 100,000
Mar 6 2020 // The number of people infected with the new coronavirus surpassed 100,000 across the world on Friday, as the outbreak reached more countries and economic damage intensified, with business districts beginning to empty and...
Officials Say 250 in Coronavirus Quarantine in Massachusetts
Mar 6 2020 // Massachusetts officials are launching an aggressive plan to regularly disinfect the state transit system and are calling on colleges and high schools to cancel study abroad programs as more than 700 residents have been...
Trump Signs $8.3B Bill to Fight Coronavirus
Mar 6 2020 // President Donald Trump signed a $7.8 billion emergency coronavirus spending bill on Friday after the number of infections continued to rise and stocks tumbled. The amount of money provided in the legislation far exceeds...
New York-Area Financial Firms, Insurers Implement Travel Policies for Coronavirus
Mar 5 2020 // Financial firms in New York City were testing remote-work capabilities, implementing new travel restrictions and canceling or modifying upcoming events as the coronavirus outbreak – already on the finance...
European Banks, Lloyd’s of London Develop Coronavirus Contingency Plans
Mar 5 2020 // Global banks and small investment firms in Europe are urging staff to work from home and curb travel as the financial industry braces for disruption from the rapidly spreading coronavirus outbreak. For many companies it...
Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come?
Mar 4 2020 // The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits. Hospitals, restaurants, day care centers, nursing homes and hotels may face claims that they...
San Antonio Officials Declare Emergency After COVID-19 Quarantine Hiccup
Mar 4 2020 // The top two governing officials of the San Antonio area on Monday blocked the release of quarantined cruise ship evacuees, declaring a public health emergency after a woman allowed to leave quarantine later tested positive...
Congress Close to Deal on Funds to Fight Coronavirus
Mar 4 2020 // Negotiators in the U.S. House of Representatives and Senate neared a deal on Wednesday on a multi-billion-dollar emergency bill to battle the coronavirus as they narrowed differences over the cost of potential vaccines,...