Analysts Tally Workers’ Comp Cost of Exposure to COVID-19 May 5, 2020 By Susanne Sclafane While the potential cost of relaxing a tenet of the workers’ compensation system to deal with extraordinary circumstances of COVID-19...
Hiscox to Raise Capital in Response to COVID-19 Growth Opportunities and Exposures May 5, 2020 By L.S. Howard Lloyd’s insurer Hiscox is planning a capital raise via the placement of new ordinary shares, which will enable the company...
Oklahoma House Passes Bill Shielding Healthcare Workers from COVID-19 Liability May 5, 2020 The Oklahoma House of Representatives has passed legislation aimed at protecting healthcare providers from liability during the COVID-19 pandemic. The...
Midwest Meatpackers Cautiously Reopen Plants After Coronavirus Shutdown May 5, 2020 By Stephen Groves A South Dakota pork processing plant took its first steps toward reopening on May 4 after being shuttered for over...
Many Japan Firms Resist Telecommuting, Raising COVID-19 Risk for Call Center Staff May 5, 2020 By Makiko Yamazaki and Yuki Nitta Almost a month after Tokyo declared a state of emergency, dozens of call center employees for telecom KDDI Corp still...
Governor Cuomo Announces Phased Reopening Plan for New York Businesses May 5, 2020 By Elizabeth Blosfield New York Governor Andrew Cuomo has announced a reopening plan for New York businesses that includes four phases, each allowing...
Back to Work: How Businesses Are Trying to Make Workers Feel Safe May 5, 2020 By Joyce M. Rosenberg Before the coronavirus outbreak, furniture deliveries at Sunnyland Outdoor Living meant two employees sitting side-by-side in a truck. Now, one...
Drugmaker Questioned for Nearly Tripling Price of Potential COVID-19 Drug May 5, 2020 By Carl O'Donnell The chair of a House of Representatives committee and a fellow Democratic committee member on Monday urged Jaguar Health Inc....
AIG Takes Hit from Coronavirus in Q1; Sees Industry’s ‘Biggest CAT Loss Ever’ Ahead May 5, 2020 By Suzanne Barlyn, Noor Zainab Hussain and Bharath ManjeshR Insurer American International Group Inc. on Monday posted a 93% drop in quarterly adjusted profit, as it set aside money...
Insurers’ Loss Estimates Linked to Coronavirus Range Widely: Analysis May 5, 2020 By Suzanne Barlyn and Alwyn Scott Insurers are normally great with numbers. But the coronavirus pandemic has them struggling to estimate how many billions of dollars...