Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Best: Reinsurance Pricing, Pandemic Add to Woes for Florida Property Insurers
Jul 9 2020 // The numerous issues in Florida’s property insurance market, including higher reinsurance pricing and social inflation, continue to challenge the financial strength of Florida personal property writers and impact...
Missouri Won’t Shut Down Summer Camps Despite Virus Outbreaks
Jul 9 2020 // Missouri leaders knew the risk of convening thousands of kids at summer camps across the state during a pandemic, the state’s top health official said, and insisted that camp organizers have plans in place to keep an...
13 Hawaiian Airlines Employees Test Positive for COVID-19
Jul 9 2020 // Hawaiian Airlines Inc. says 13 of its employees have tested positive for the coronavirus following an annual training course. The employees who tested positive for COVID-19 took part in flight attendant training at the...
Profile: MGA Nexus Group Sets Sights on U.S. Growth, Even During COVID-19 Crisis
Jul 9 2020 // Nexus Group, the UK-based managing general agent, is looking to the U.S. for growth opportunities, despite the raging COVID-19 crisis. “With the political landscape and Brexit, it was an obvious choice for us to...
Chubb Unveils Public-Private Program for Pandemic Business Interruption
Jul 9 2020 // Chubb unveiled a proposal for the insurance industry and federal government to partner on covering future pandemic-related business interruptions—and to get money to small businesses quickly—following through on an...
Sanity Trial in Maryland Newspaper Shooting Postponed Amid Pandemic
Jul 9 2020 // Court proceedings to determine criminal sanity for a man who pleaded guilty to killing five people at Maryland newspaper have been postponed because of the coronavirus pandemic. Jarrod Ramos’ pre-trial hearings have...
Litigation Funding Firm’s Profit Outlook Brightens on Coronavirus Disputes
Jul 9 2020 // Analysts have rapidly lifted their earnings forecasts for a global litigation financier on expectations that the pandemic could spark more legal disputes. Forward consensus earnings estimates for Sydney-listed Omni...
Coronavirus Business Interruption Claimants Lay Out Federal Plan to Reimburse Insurers
Jul 9 2020 // A U.S. lawmaker has introduced a bill that would allow insurers to voluntarily pay certain COVID-related business interruption claims and get reimbursed by the federal government, but insurance groups have rejected the...
Lawsuit Accuses Georgia Sheriff of Failing to Protect Inmates from Coronavirus
Jul 8 2020 // Overcrowded cells, a lack of personal protective equipment and limited access to cleaning and sanitation supplies are putting people in a Georgia jail at risk of exposure to the coronavirus outbreak, a federal lawsuit...
Arkansas Bar Linked to Virus Cases Forced to Close
Jul 8 2020 // Arkansas health officials have shut down a Little Rock bar after tracing it to a cluster of coronavirus cases and finding the business wasn’t complying with virus safety measures. The Department of Health on Saturday...
81,000 Arizona Businesses Get Coronavirus Loans
Jul 8 2020 // Just over 81,000 Arizona small businesses were approved for loans worth $8.6 billion under a government program meant to keep people employed during the COVID-19 pandemic, according to data released Monday by the federal...
Circus Circus Sues AIG in Nevada over Rejected Coronavirus Claim
Jul 8 2020 // Circus Circus Hotel and Casino has filed a lawsuit against AIG Specialty Insurance Co. alleging that AIG wrongfully denied coverage for the company’s losses resulting from the COVID-19 pandemic. The lawsuit was filed...
Generali Offers Remote Facility Inspection for Firms Coping with COVID-19 Travel Bans
Jul 8 2020 // Generali’s P&C unit Global Corporate & Commercial (GC&C) Iberia & LatAm has developed a new system for remote facility inspection to address the consequences of COVID-19 and to provide value-added...
Lloyd’s Innovation Accelerator Focuses on COVID-19 Market Response with 3 Insurtechs
Jul 8 2020 // Lloyd’s has started work with three insurtech startups to help the market respond to the COVID-19 pandemic. As part of its package of measures to respond to the COVID-19 pandemic, Lloyd’s has expanded the...
What ‘Follow the Fortunes’ Means for COVID-19 Reinsurance Claims
Jul 8 2020 // How reinsurers will respond when cedents pay their insureds for COVID-related business interruptions remains an open question, legal and insurance professionals suggested recently, adding more wrinkles to an already...
New Ventures Seize Opportunities as Insurers Cope with Coronavirus Losses
Jul 8 2020 // Commercial insurers are facing hefty claims from the coronavirus crisis but are also seeing a steep rise in premiums – tempting companies and industry veterans to raise capital, launch new businesses or expand into new...
Arkansas Cities OK’d to Mandate Masks to Stem Virus Spread
Jul 7 2020 // Arkansas’ governor on July 3 signed an order allowing cities to enact measures requiring masks in public to prevent the spread of the coronavirus, relenting after opposing such mandates at the state or local...
Nevada Reports 843 Additional COVID-19 Cases, 4 More Deaths
Jul 7 2020 // Nevada health officials reported 843 more confirmed cases of coronavirus on Sunday and four more known deaths. The cumulative number of statewide COVID-19 cases now is 22,418 with 534 known deaths. That’s 1,700 more...
Anchorage Naming Businesses Visited by Customers with Virus
Jul 7 2020 // The Anchorage Department of Health released a list of businesses where people who later tested positive for COVID-19 spent extended periods of time. The health department named 19 locations in the Municipality of...
Chubb Estimates $1.4 Billion in Q2 Global Losses Tied to Coronavirus
Jul 7 2020 // Chubb’s disclosure of second quarter 2020 global net catastrophe losses underscores the damage COVID-19 is doing to some carriers’ bottom lines. The global property/casualty insurer estimated $1.8 billion in...
