Lawsuits Against Businesses Over Coronavirus Have Begun. More to Come? March 4, 2020 By Bob Van Voris, Edvard Pettersson, Chris Dolmetsch and Hugo Miller The coronavirus has upended markets, disrupted supply chains and forced quarantines. It’s all fertile ground for lawsuits. Hospitals, restaurants, day...
Insurance Coverage for Losses Stemming from the Coronavirus February 26, 2020 By Pamela D. Hans and Marshall Gilinsky The coronavirus has not only sickened tens of thousands of people, killed several hundred, and disrupted life for millions, but...
Coronavirus Raises Insurance Questions But Catastrophe-Tested Insurers Are Prepared February 20, 2020 By Elizabeth Blosfield As the coronavirus outbreak continues to cause concern around the globe, the insurance industry is facing a potentially far-reaching impact...
Global Malware Attack Could Cost Insurers $27 Billion January 29, 2019 By Noor Zainab Hussain A coordinated global cyber attack, spread through malicious email, could cause economic damages anywhere between $85 billion and $193 billion,...
Businesses View Cyber, Business Interruption as Bigger Risks Than Catastrophes January 24, 2019 By L.S. Howard Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global...
Cyber Joins Business Interruption as Top Global Business Risks: Allianz Survey January 16, 2019 By L.S. Howard Cyber incidents join business interruption as the top risks facing global businesses, according to a survey conducted by Allianz Global...
Swiss Re Corporate Solutions Launches Parametric Water-Level Insurance in Europe January 10, 2019 Swiss Re Corporate Solutions announced it is launching parametric water-level insurance called “FLOW.” This new index-based product is designed to...
Derailment of BHP Iron Ore Train Exposes Australia’s Reliance on Private Railways November 8, 2018 By Rebecca Keenan A network of private railroads more than three times the length of the New York subway system is the key...
BHP Expects Interruption to Australia Iron Ore Exports After Train Derailment November 7, 2018 By Melanie Burton Mining giant BHP Billiton expects some interruption to its Australian iron ore exports after a nearly 3-km-long train loaded with...
BHP’s Western Australia Iron Ore Train Derailment Will Take Week to Recover November 6, 2018 By James Thornhill and Ranjeetha Pakiam BHP Billiton Ltd. expects to take about a week to recover from the derailment of one of its iron ore...