Boeing Suspending Production in Seattle over Virus March 26, 2020 By Martha Bellisle and Rachel La Corte Boeing will suspend operations at its Seattle area facilities due to the spread of coronavirus, idling tens of thousands of...
U.S. Lawsuit Wants China to Pay for Business Income Losses from Coronavirus March 26, 2020 By Ken Ritter An attorney who represented victims of the Las Vegas shooting massacre has filed a federal lawsuit against China’s government over...
Pandemic Hampers World’s Weather Forecasts with Halting of Commercial Flights March 26, 2020 By Brian K. Sullivan The pandemic that has idled scores of commercial flights is having a little-noticed consequence for meteorologists, whose forecasts rely in...
Australia Firms Begin to Use Legal Clause to Terminate M&A Deals Amid Virus March 26, 2020 By Paulina Duran and Kane Wu Several Australian companies are reviewing or even terminating takeover deals by using a legal escape route because of the devastating...
Lloyd’s Returns to Profit, Says in ‘Strong Position’ to Respond to COVID-19 March 26, 2020 By L.S. Howard While announcing a return to profit of £2.5 billion (US$3 billion) for 2019, Lloyd’s also affirmed that the market is...
Florida Regulator Outlines How Industry Can Help Insureds During COVID-19 Response March 26, 2020 The Florida Office of Insurance Regulation has issued an additional memorandum related to the coronavirus outbreak to all the insurers...
How Policy Silence on Pandemics May Bedevil Insurers on Coronavirus Claims March 26, 2020 By Susanne Sclafane Silence may be deadly for property/casualty insurers writing commercial insurance, an executive of an insurtech that specializes in analyzing insurance...
400 Cybersecurity Pros Volunteer to Fight Hacking Tied to Coronavirus March 26, 2020 By Joseph Menn An international group of nearly 400 volunteers with expertise in cybersecurity formed on Wednesday to fight hacking related to the...
North Carolina Urges Insurers To Be ‘Flexible,’ Available During COVID-19 Emergency March 25, 2020 North Carolina Insurance Commissioner Mike Causey has asked the state’s insurance companies to be economically flexible with consumers in light...
Coronavirus and the CGL March 25, 2020 By Christopher J. Boggs Although the Virtual University has not received questions regarding how the commercial general liability (CGL) policy will respond to the...