How to Manage Two Disasters at Same Time May 7, 2020 By Leslie Kaufman On March 5, Tennessee governor Bill Lee announced the state’s first confirmed case of Covid-19. Three weeks later on Easter...
Willis Paints COVID-19 Insurance Loss Big Picture: It’s a Wash or Historic Catastrophe May 7, 2020 By Jim Sams If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole...
Forced Payouts of Pandemic Claims Risk Insurers’ Financial Stability: Regulators May 7, 2020 By Huw Jones and Carolyn Cohn Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability at risk,...
New Hampshire Fitness Clubs, Sports, Make Case to Re-open May 7, 2020 By Kathy McCormack Representatives of fitness clubs, amusement parks and youth baseball on Tuesday told a task force on reopening New Hampshire’s economy...
Munich Re Expects Coronavirus-Related Claims in Excess of $1 Billion During 2020 May 7, 2020 Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the coronavirus crisis...
FERMA Forms Task Force to Find Solution for Non-Damage BI Cover – Such as Pandemic May 7, 2020 The Federation of European Risk Management Associations (FERMA) announced the launch of a task force to create proposals to address...
Royal Caribbean Sued in Miami Court Over Crew Member COVID-19 Death May 7, 2020 The family of a cruise crew member who died after testing positive for COVID-19 filed a lawsuit against Royal Caribbean...
Buffett Says Berkshire Would Write Pandemic Insurance. That Is, If the Price Is Right. May 7, 2020 By Susanne Sclafane The chairman of Berkshire Hathaway said that while his insurance units aren’t heavily exposed to underwriting losses from the COVID-19...
Opinion: What If Public Employees Could Sue Government Over Covid-19? May 7, 2020 By Stephen L. Carter, Bloomberg Opinion Suppose you’re working in an essential industry and your employer hasn’t provided you with adequate personal protective equipment. Maybe you...
Lawsuit Over Worker Safety at Smithfield’s Missouri Pork Plant Dismissed May 7, 2020 By Daniel Wiessner A U.S. federal judge has dismissed a worker advocacy group’s lawsuit accusing Smithfield Foods Inc., the world’s largest pork processor,...