National News

States Need Data on Medical Workers’ Coronavirus Status

Experts and health officials who are trying to plan a response to the coronavirus outbreak are missing a critical piece of information — the number of health care workers who have tested positive for the disease. Washington state faced the …

Move Over Young Entrepreneurs. Older Innovators Are Just as Successful.

A new study makes the case that entrepreneurship isn’t just for the young, or for men. From Steve Jobs to Mark Zuckerberg, the stories of prosperous, young innovators drive the American economic narrative. However, the truth is that older business …

How U.S. Insurance Industry Deals Fared in February

Financial deals in the U.S. insurance industry dropped off 8% during February 2020 compared with the last 12-month average. According to GlobalData’s deals database, a total of 46 deals worth $3.27 billion were announced in February 2020, compared to the …

Passenger Sues United Airlines Over Refusal to Refund Airfare Despite U.S. Order

United Airlines Holdings Inc. was sued by a passenger for refusing to issue refunds for canceled flights, three days after U.S. regulators ordered airlines to reimburse customers. The passenger, Jacob Rudolph, filed the suit in federal court in Chicago on …

Facilities Closed During Coronavirus Crisis Pose New Risks, Allianz Cautions

Many companies are having to shutdown their premises temporarily at short notice due to the Covid-19 pandemic. According to the risk consultants of Allianz Global Corporate & Specialty (AGCS), improper action or negligence when decommissioning buildings and production facilities brings …

Investors Allege Securities Violations by Cryptocurrency Issuers, Exchanges

Investors have brought class action lawsuits in federal court against seven cryptocurrency issuers and four exchanges, claiming they sold billions of dollars in unregistered assets in violation of U.S. securities laws. The 11 lawsuits, filed on Friday in U.S. District …

Allstate to Forgive 15% of Monthly Auto Premiums, Provide Free ID Theft Coverage

Insurance carriers are continuing to step forward with offers of help for customers and communities affected by the coronavirus crisis. Allstate announced that its Allstate, Esurance and Encompass personal auto insurance customers will receive a Shelter-in-Place Payback, a premium credit …

Chubb Vows No Layoffs During Coronavirus Crisis; Pledges $10 Million to Relief Efforts

Global insurer Chubb announced that it will not conduct any layoffs among its 33,000 employees while in the midst of the COVID-19 pandemic health crisis. The insurer has also pledged to give $10 million to pandemic relief efforts globally. “We …

Consumers Find Travel Insurance Policies Not Much Help in Coronavirus Crisis

Purchasers of travel insurance are finding their policies all but worthless as the global pandemic forces them to change their plans, or worse, leaves them sick at sea. Most travel insurance companies won’t provide reimbursements for canceled trips due to …

Forecaster Sees ‘Greater Than Average’ Hurricane Season This Year

The 2020 Atlantic hurricane season could see a greater than average number of major hurricanes because of warmer seas and favorable weather patterns, forecasters from Colorado State University’s Tropical Meteorology Project said on Thursday. Four major hurricanes packing winds of …

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