Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Swiss Re Reports Q1 Loss of $225M as Impact of COVID-19 Crisis Begins to Hit
Apr 30 2020 // Reinsurer Swiss Re swung into a net loss in the first quarter of 2020 as the impact of the coronavirus outbreak began to bite, it said on Thursday. The Zurich-based company booked a hit of $476 million for anticipated and...
UK Regulator Probes Events Firms for Failure to Pay Refunds During COVID-19 Crisis
Apr 30 2020 // Britain’s competition regulator said it has opened investigations into thousands of complaints about companies refusing to pay refunds for canceled weddings and other events during the coronavirus pandemic. Britain...
Georgia Coronavirus Deaths Top 1,000 Amid Reopening Effort
Apr 30 2020 // Georgia officials reported Tuesday the coronavirus has killed more than 1,000 people statewide as some local officials urged people to continue isolating at home in spite of the governor’s aggressive efforts to...
Consumer Groups Oppose Immunity for Businesses From Coronavirus Lawsuits
Apr 30 2020 // U.S. consumer advocates are urging Congress to resist growing demands by companies for protections from coronavirus-related lawsuits as states start to ease pandemic restrictions and businesses begin to reopen. Led by...
Chicago-Area Nursing Home Workers Threaten Strike in Midst of Pandemic
Apr 29 2020 // Workers at 40 Chicago-area nursing homes announced they have set a May 8 strike date over wages as many of the facilities are treating patients suffering from the coronavirus. Members of the Service Employees International...
Recovered from COVID-19, Wary First Responders Back on Job
Apr 29 2020 // The new coronavirus doesn’t care about a blue uniform or a shiny badge. Police, firefighters, paramedics and corrections officers are just a 911 call away from contracting COVID-19 and spreading it. With N95 masks...
Hiscox Action Group Gears Up to Take Hiscox to Court over COVID-19 BI Exclusions
Apr 29 2020 // Angry Hiscox policyholders have formed an action group in the UK to fight Hiscox’s pandemic exclusions to its commercial business interruption policies. More than 300 UK policyholders have joined the Hiscox Action...
Federal, State Prosecutors Form Delaware COVID-19 Anti-Fraud Coalition
Apr 29 2020 // United States Attorney David C. Weiss and Delaware Attorney General Kathleen Jennings have announced the formation of a new Coronavirus (COVID-19) Anti-Fraud Coalition, aimed at better protecting the citizens of Delaware...
New York AG Raises Concerns About Amazon’s Pandemic Safety Practices
Apr 29 2020 // Amazon.com Inc may have violated safety measures and labor practices amid the coronavirus pandemic as it fired a warehouse protest leader last month, New York Attorney General Letitia James’s office wrote in a letter...
Insurers Promote Federal Pandemic Insurance Plan to Congress
Apr 29 2020 // The U.S. insurance industry is promoting the idea of an insurance plan backed by the federal government that would help businesses that in the future suffer losses from a pandemic, people familiar with the effort told...
Cruise Ship Passengers Seeking COVID-19 Class Action Suits Face Uphill Legal Battle
Apr 29 2020 // After two passengers on their luxury cruise tested positive for Covid-19 in March, Emilio and Barbara Hernandez were so frantic to get off the ship, they wrote a note to the captain. The Costa Luminosa sailed on with them...
How Coronavirus Shutdown Impacts Bayer Stance in Glyphosate Settlement
Apr 29 2020 // Bayer said the economic downturn and the need to preserve cash means it is taking a tougher stance in talks to settle claims over accusations that its glyphosate-based weedkillers cause cancer, even as its earnings...
Many Tennessee Restaurants Get Green Light to Reopen Despite Virus Spread
Apr 29 2020 // Most of Tennessee’s restaurants were given the green light to allow dine-in service once again Monday as part of Gov. Bill Lee’s directive to begin reopening the state’s economy that had been largely...
Liberty Mutual Estimates Q1 Loss from Coronavirus to Be Like Moderate Catastrophe
Apr 28 2020 // Global insurer Liberty Mutual said the COVID-19 pandemic is likely to have the most impact on its first quarter investment portfolio results, with its business in trade credit, general liability, workers compensation, and...
Brown & Brown Reports Q1 Revenue Up; Takes Steps to Anticipate Coronavirus Impact
Apr 28 2020 // Insurance agency Brown & Brown saw revenues and net income increase in the first quarter, even after accounting for expected lower revenues on existing employee benefits and workers’ compensation policies and...
Analysis: Insurers Feel Rising Legal Heat for COVID-19 Business Interruption Exclusions
Apr 28 2020 // Daniel Duckett, owner of the Lazy Claire patisserie in Belfast, was hoping for an insurance payout of up to 100,000 pounds ($123,460.00) to cover losses during the coronavirus lockdown. Now he fears for the future as he...
Inside Connecticut’s ‘Ground War’ Against Coronavirus at Nursing Homes
Apr 28 2020 // On Main Street in Bridgeport, Connecticut, across the road from a hospital grappling with the coronavirus crisis, a nondescript brick building is playing a key role in the state’s plan to free up acute-care beds and...
6 Ways Insurance Brokers Can Be a Resource to Clients During COVID-19 Crisis
Apr 28 2020 // Risk managers at companies of all kinds have been forced to rapidly evaluate how the coronavirus pandemic is affecting their businesses. They’ve had to react quickly with limited information while trying to forecast...
Employers Hope to Limit Liability by Catching Social Distancing Scofflaws on Video
Apr 28 2020 // Stores and workplaces eager to avoid spreading the novel coronavirus are equipping existing security cameras with artificial intelligence software that can track compliance with health guidelines including social...
AXIS Capital Estimates $235 Million of Coronavirus-Related Claims During First Quarter
Apr 27 2020 // AXIS Capital Holdings Ltd. announced an estimated net claims provision of $300 million, pre-tax, for the first quarter related to catastrophe and other weather-related events. This amount includes estimated pre-tax claims...
