Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Chubb Reports Q1 Net Income Drop; Sees ‘Meaningful’ Coronavirus Impact Ahead
Apr 22 2020 // Chubb said that the coronavirus pandemic’s effects on its bottom line were relatively benign in the 2020 first quarter. But all bets are off for the months ahead. The global property/casualty insurer reported net...
Hannover Re, Parent Firm Talanx Withdraw 2020 Profit Guidance on Virus Uncertainties
Apr 22 2020 // In view of the ongoing COVID-19 crisis and the associated uncertainties surrounding both the claims development and the capital market environment, Hannover Re and its parent company, Talanx, have withdrawn their profit...
Conspiracy Theorists Set Fire to Europe’s 5G Network Towers, Claiming Link to COVID-19
Apr 22 2020 // The CCTV footage from a Dutch business park shows a man in a black cap pouring the contents of a white container at the base of a cellular radio tower. Flames burst out as the man jogs back to his Toyota to flee into the...
Arizona Insurer of Physicians Declares $12M Dividend to Help in COVID-19 Pandemic
Apr 22 2020 // Mutual Insurance Company of Arizona has declared a special dividend designed to provide economic relief to its members. The company will distribute a $12 million dividend to all members with policies in-force as of April...
What Companies Need to Disclose on Coronavirus Infections: Q&A
Apr 21 2020 // Almost all U.S. companies are likely to include in their quarterly filings broad statements on risks the ongoing coronavirus pandemic poses to their businesses. Should they be disclosing more? Smithfield Foods Inc., the...
Travelers Sees Q1 Profit Fall From Storms; It’s Watching COVID-19 Workers’ Comp Claims
Apr 21 2020 // Property and casualty insurer Travelers Cos. Inc. reported a 25% drop in quarterly profit on Tuesday and warned that potential claims tied to compensation coverage for furloughed and laid-off employees would hit results...
Iowa Beef Plant Reopens After 177 Workers Test Positive for Virus
Apr 21 2020 // An Iowa beef processing plant that was idled after a coronavirus outbreak resumed production Monday, one day after the state said 177 workers there have tested positive. The Iowa Premium plant in Tama, owned by National...
California Workers’ Comp Bureau to Restrict COVID-19 Experience, Payroll in Rating
Apr 21 2020 // The Workers’ Compensation Insurance Rating Bureau of California has submitted a special regulatory filing to the California Insurance Commissioner with proposals to address the COVID-19 pandemic. The WCIRB governing...
California Details Nursing Homes with COVID-19 Outbreaks
Apr 21 2020 // California has for the first time released details about nursing homes facing coronavirus outbreaks, with three facilities in Los Angeles among the hardest-hit, as the numbers of COVID-19 cases and deaths across the state...
Businesses Press Congress for Immunity When States Lift Coronavirus Lockdowns
Apr 21 2020 // Major U.S. business lobbying groups are asking Congress to pass measures that would protect companies large and small from coronavirus-related lawsuits when states start to lift pandemic restrictions and businesses begin...
New York Nurses Sue State and Two Hospitals Over ‘Inadequate’ Virus Protection
Apr 21 2020 // The New York State Nurses Association sued the state and two hospitals on Monday to force them to provide equipment and adopt safety measures to prevent the spread of COVID-19 among the association’s members in the...
Ferrari Provides Coronavirus Tests so Employees Can Return to Work
Apr 21 2020 // Workers at Ferrari are signing up en masse for voluntary coronavirus screening so they can return to work as soon as possible in an ambitious scheme that could serve as a blueprint for manufacturers desperate to resume...
UK Insurance Industry Leaders Form Steering Group to Propose Pandemic Response, Chaired by Catlin
Apr 21 2020 // UK Insurance industry leaders have combined to form a steering group, which will work with terrorism reinsurer Pool Re, with the primary objective to ensure that, working alongside the industry to support customers and...
4 Tyson Foods Poultry Workers in Georgia Die of Coronavirus
Apr 21 2020 // Four employees of a major poultry producer’s operations in rural southwest Georgia have died after becoming infected with the coronavirus, a company spokesman said Friday. Tyson Foods spokesman Gary Mickelson said...
South Carolina: Hurricane Response Plan a ‘Good Question’ Amid Virus Outbreak
Apr 21 2020 // With hurricane season less than two months away, officials in South Carolina said they don’t yet have a good plan in place if a storm hits during the coronavirus outbreak, particularly for people potentially...
States Easing Path to Workers’ Compensation Benefits for Coronavirus Workers
Apr 21 2020 // Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers’ compensation insurers. The governors of Kentucky, Arkansas, North Dakota and Florida...
COVID-19 Will Have Biggest Impact on Cannabis Space, Poll Shows
Apr 20 2020 // COVID-19 will have the biggest impact on cannabis and insurance the rest of this year and into the foreseeable future, according to the majority of participants in Insurance Journal’s April 15 webinar “Insuring...
California State Fund to Accept All Essential Worker COVID Claims; Adds to Safety Fund
Apr 20 2020 // California’s State Compensation Insurance Fund on Monday announced another series of actions designed to support policyholders and workers affected by the COVID-19 crisis, including doubling the size of its newly...
Positive Tests Mount After Virus Outbreak at North Dakota Wind Turbine Plant
Apr 20 2020 // A coronavirus outbreak at a northeastern North Dakota wind turbine plant has ballooned to 110 cases in early testing and one city official said he expects a “prolonged battle” to control the spread. An uptick...
Oregon Nursing Home Reports 14 Virus Deaths, State Finds Violations
Apr 20 2020 // Workers at a Portland, Ore. nursing home that has reported 14 coronavirus deaths failed to wash their hands, didn’t use protective masks properly and weren’t trained on how to control the spread of infection,...
