Lloyd’s, Insurtech Parsyl Launch Insurance Facility for COVID-19 Vaccine Shipments December 15, 2020 Lloyd’s and insurtech start-up Parsyl Inc. announced the launch of the Global Health Risk Facility (GHRF), which will provide billions...
Insurers, Regulators Warn About Safety of Jets Reactivated After Pandemic Storage December 15, 2020 By Jamie Freed SYDNEY – Regulators, insurers and experts are warning airlines to take extra care when reactivating planes left in extended storage...
Washington Gym Defying Virus Orders Fined Nearly $10K a Day December 14, 2020 The state has levied a large fine against a Graham gym that is defying Washington Gov. Jay Inslee’s orders meant...
Bipartisan COVID Relief Plan Expected to Put State Aid, Liability Shield in Separate Bill December 13, 2020 By Laura Litvan Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi discussed developments on federal funding, including pandemic relief, during a roughly...
Cyber Attack on EU Drug Regulator Has Not Disrupted Work on COVID-19 Vaccines December 11, 2020 BRUSSELS – The head of the European Union drug regulator said on Thursday the agency’s work assessing COVID-19 vaccines had...
L.A. Restaurants Win Court Battle Over Virus Closures December 10, 2020 By Christopher Weber and Brian Melley Los Angeles County’s health director acted “arbitrarily” and didn’t prove the danger to the public when she banned outdoor dining...
Fidelis Raises $185M of Capital, Bringing 2020 Total to More than $1.3B December 10, 2020 Fidelis Insurance Holdings Ltd. announced it has raised in the fourth quarter of 2020 an additional $60 million of equity...
Royal Caribbean Cruise Cut Short When Passenger Tests Positive for COVID-19 December 10, 2020 SINGAPORE – An elderly passenger on board a Royal Caribbean “cruise to nowhere” has been diagnosed with the coronavirus, prompting...
‘Urgent Action’ Needed to Help Stranded Sailors and Avoid Supply-Chain Risks December 10, 2020 By Alastair Marsh Fidelity International is calling for urgent action to address the humanitarian crisis and supply-chain risks caused by the more than...
Why World Bank’s Controversial Pandemic Bonds Didn’t Function as Hoped December 10, 2020 By Tracy Alloway and Tasos Vossos In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood...