Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Insurer Travelers Overcomes California Restaurant’s COVID-19 Business Loss Claim
Aug 31 2020 // A federal court in California has dismissed a lawsuit filed by a Los Angeles restaurant seeking business interruption losses from Travelers Indemnity due to coronavirus-related restrictions on its business. Judge Stephen...
California Chicken Plant Shutting Down Due to Virus Outbreak
Aug 31 2020 // A chicken processing plant in central California has been ordered to shut down after it became the site of one of the largest and most severe COVID-19 outbreaks in the state, health officials said. The order to close the...
Roundup of New England COVID-19 Developments
Aug 31 2020 // Public health officials in Vermont said the state is considering becoming the second state to mandate flu shots as a way to ease the burden of influenza amid the coronavirus pandemic. Vermont Health Commissioner Mark...
Check Up: The Post-Pandemic Future of the Current Telehealth Sensation
Aug 31 2020 // Telehealth is a bit of American ingenuity that seems to have paid off in the coronavirus pandemic. Medicare temporarily waived restrictions predating the smartphone era and now there’s a push to make telemedicine...
Pandemic Shows Why Climate Change Is Major Economic Risk, Says Europe’s Schnabel
Aug 31 2020 // The coronavirus pandemic demonstrates in the clearest terms why central banks must take a bigger role in fighting climate change even if the issue at first appears unrelated to monetary policy, European Central Bank board...
Britain Eyes Fast-Tracking Coronavirus Vaccines That Pass Safety, Quality Tests
Aug 31 2020 // Britain’s medical regulator will be able to grant temporary authorisation for any coronavirus vaccine that meets safety and quality standards but before it has received a full license, under new plans set out on...
Tennessee Gov. Extends Covid-19 State of Emergency
Aug 31 2020 // Tennessee Gov. Bill Lee has once again extended the state of emergency until the end of September. Lee, a Republican, initially imposed the state of emergency on March 12 in order to free up funding and relax rules...
Iowa Coronavirus Cases Reach New Daily High of 1,475
Aug 28 2020 // Iowa set a new record for confirmed coronavirus cases Thursday with nearly 1,500 cases, far more than the previous high set in April. In the last 24 hours as of Thursday morning, Iowa recorded 1,475 confirmed cases,...
Post-Covid Cold War World Will Be Tough for China’s Ant: Opionion
Aug 28 2020 // Ensconced in a lucrative niche at home, Jack Ma’s Ant Group nevertheless has to look outward. And expanding overseas has never looked so difficult for China’s biggest payments app, even with the war chest from...
Insured Pandemic Losses ‘Manageable’ as Earnings’ Event, Not a Capital Event
Aug 28 2020 // While COVID-19 losses are large and significant for the insurance sector, they are an earnings’ event, rather than a capital event, according to report issued by Hyperion X, the data and analytics division of...
Arkansas Sees Near-Record Increase in COVID-19 Deaths
Aug 27 2020 // Arkansas on Wednesday reported its second-highest one-day increase in COVID-19 deaths so far and 649 new confirmed cases of the coronavirus that causes the illness. The Department of Health said the 21 new deaths bring the...
Arkansas Governor Rejects Panel’s Call to Close Bars to Prevent Virus Spread
Aug 27 2020 // Gov. Asa Hutchinson has rejected a White House task force’s recommendation that Arkansas close bars and implement other restrictions, despite the state posting the 9th highest rate of positive coronavirus tests in...
Where ‘DeFi’ Crypto Users See Sure Bets During COVID, Critics See Unregulated Risks
Aug 27 2020 // It sounds like a surefire bet. You lend money to a borrower who puts up collateral that exceeds the size of the loan, and then you earn interest of about 20%. What could possibly go wrong? That’s the proposition...
Virginia Man Pleads Guilty to $1M Virus Fraud Scheme
Aug 27 2020 // A northern Virginia man has pleaded guilty to a $1.4 million fraud scheme to obtain federal funds meant for businesses struggling under the coronavirus pandemic. Tarik Jaafar, 42, of Woodbridge, admitted in U.S. District...
Employers Face Increase In COVID-19 Wrongful Death Lawsuits
Aug 27 2020 // As COVID-19 cases and deaths continue to rise, so too does the number of lawsuits filed against employers. Recently, an increasing number of families of employees who died from COVID-19 have asserted wrongful death actions...
P/C Insurance First-Half Underwriting, Net Income Drops Tied to COVID
Aug 27 2020 // U.S. property/casualty insurance underwriting income dropped 5.5 percent in the first half of 2020 versus the same period last year. Higher underwriting expenses and policyholder dividends largely connected to COVID-19...
University of Alabama Reports More than 500 COVID Cases, City Closes Bars
Aug 27 2020 // The University of Alabama has recorded 531 cases of COVID-19 on campus since the fall semester began last week, according to numbers the university system released Tuesday as officials try to clamp down on student parties,...
Summer Camp Hosted 1,000 Visitors While Successfully Managing Coronavirus
Aug 26 2020 // Four overnight camps in Maine successfully stemmed the spread of the novel coronavirus and conducted sessions with over 1,000 attendees from 41 states and international locations this summer, according to a new report...
Coronavirus Erodes Countries’ Economic Resilience; Global Insurance Gaps Widen
Aug 26 2020 // The COVID-19 pandemic is expected to reduce global macroeconomic resilience by about 20% in 2020 from 2019 levels as stimulus packages deplete countries’ fiscal and monetary buffers around the world. At the same...
Natural Catastrophe Claims Cost Insurers More Than Coronavirus in First Half: Fitch
Aug 26 2020 // COVID-19-related claims were not the biggest driver of the North American property/casualty insurance industry’s overall combined ratio during the first six months of 2020. Natural catastrophes cost insurers more,...
