Property/casualty insurance carrier groups are developing a proposal for a federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but their program won’t be modeled after the Terrorism Risk Insurance Act as some have urged. …
Hours after the results of a risk model reached the public, U.K. Prime Minister Boris Johnson and U.S. President Donald Trump asked nearly 400 million people to upend their lives. A group of epidemiologists at Imperial College London published the …
As the Wuhan coronavirus spreads to America, it now seems quite possible the United States will face some considerable logistical challenges. Even if the virus turns out not to be very deadly, or mutates into a safer form, the public …
Cities in the U.S. and Canada stand to lose $92.96 billion per year to risks like market crash, cyber attack and flood, an index from Lloyd’s released today shows. Lloyd’s newly issued City Risk Index, which produces estimates of how …
The ongoing pressures of diminishing investment returns, dwindling loss reserves and intense competition are beginning to erode industry fundamentals, cautioned A.M. Best in a special report titled “Insurers Hunt for Diminishing Opportunities in a Market Laden with Challenges.” “There is …
Despite dire predictions that the Zika virus could affect much of the United States including large cities this summer, two public health law experts warn that the country is unprepared, and the financial and moral consequences could be significant. Writing …
In October of 2000, an Ebola outbreak was detected in Gulu, Uganda. The virus spread across the country, infecting 425 people and killing over half of them. It was a wakeup call for the African nation, but apparently not the …
The number of Ebola cases in three West African nations may jump to between 5,000 and 10,000 a week by Dec. 1 as the deadly viral infection spreads, the World Health Organization said. The outbreak is still expanding geographically in …
Genetic sequence data on a deadly strain of bird flu previously unknown in people show the virus has already acquired some mutations that might make it more likely to cause a human pandemic, scientists say. But there is no evidence …
