Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Virus-Hit Florida Lashed by Weakened Tropical Storm Isaias
Aug 3 2020 // Bands of heavy rain from Isaias lashed Florida’s east coast Sunday while officials dealing with surging cases of the coronavirus kept a close watch on the weakened tropical storm. Isaias was downgraded from a...
COVID-19 Signals Billions in Long-Term Healthcare Costs Ahead
Aug 3 2020 // Late in March, Laura Gross, 72, was recovering from gall bladder surgery in her Fort Lee, New Jersey, home when she became sick again. Her throat, head and eyes hurt, her muscles and joints ached and she felt like she was...
COVID-19 Will Drive Demand in UK for Bike Insurance: GlobalData
Aug 3 2020 // Bicycle insurance is not a popular product in the UK – but that could be about to change, said GlobalData, the London-based platform that provides data analytics and expert analysis about global industries. Less than 1%...
Insurer Hiscox Reserves $232 Million for Coronavirus-Related Claims in First Half
Aug 3 2020 // Hefty payouts for sports events and holidays canceled due to the coronovirus crisis helped send insurer Hiscox deep into the red on Monday and pummeled its shares to their lowest in more than two months. The company, which...
AstraZeneca Gets Protection from Future Product Liability Claims for COVID Vaccine
Aug 3 2020 // AstraZeneca has been granted protection from future product liability claims related to its COVID-19 vaccine hopeful by most of the countries with which it has struck supply agreements, a senior executive told...
North Carolina Prepares for Hurricane Isaias Amid Virus Fight
Aug 3 2020 // North Carolina Gov. Roy Cooper declared a state of emergency on Friday to help prepare for Hurricane Isaias, which he said will bring atypical challenges given the longstanding COVID-19 crisis. The emergency declaration,...
COVID Business Interruption Suits Top 700. Yep, That’s A Lot
Aug 3 2020 // When insurance coverage lawsuits brought by businesses seeking coverage for COVID-related interruptions surpassed the 700 mark last week, the natural question to ask was: Is that a lot? That’s exactly the question...
Hawaii’s Governor Wants Tighter Rules After Virus Surge
Jul 31 2020 // Hawaii Gov. David Ige said he wants to reimpose some limits on gatherings and bars to control the spread of the coronavirus as the state reported a record 109 new cases of the disease. The governor said he agrees with...
China-Backed Hackers ‘Targeted’ COVID-19 Vaccine Firm Moderna, Reuters Reports
Jul 31 2020 // Chinese government-linked hackers targeted biotech company Moderna Inc., a U.S.-based coronavirus vaccine research developer, this year in a bid to steal data, according to a U.S. security official tracking Chinese...
COVID-19 Couldn’t Stop Robust Quarter for ILS Issuance: Aon
Jul 31 2020 // Usage of insurance linked securities the first six months of 2020 is already 20% higher than all of 2019, underscoring the sector’s momentum and resilience even with the coronavirus pandemic, Aon Securities said in a...
Canadian Life Insurers to See Double-Digit Profit Drop in Q2 on COVID-19 Impact
Jul 31 2020 // Canadian life insurers are set to see double-digit earnings decreases in the second quarter as the pandemic-induced economic slowdown has ushered in decade-low interest rates and weighed on sales. Analysts predict declines...
S. Africa Insurers’ COVID-19 Payments May Be Too Little, Too Late, for Some Businesses
Jul 31 2020 // South African small businesses fighting rejected coronavirus-related claims said insurers’ offers of relief are too little too late for many and could leave some already struggling to survive with nothing at...
Chubb CEO Says U.S. Failure to Manage Covid-19 Hurts Economy, Global Image
Jul 31 2020 // Global insurer Chubb’s employees have begun to return to their offices in many countries around the world as governments have brought the coronavirus pandemic under control. However, the United State government has...
As Benefits Expire, Senate Adjourns Without Congressional Deal on Coronavirus Aid
Jul 31 2020 // Just one day before a federal jobless benefit was set to expire, the U.S. Congress was no closer on Thursday to a deal extending or replacing the extra $600 per week in payments to tens of millions of Americans thrown out...
56 Workers Positive for Coronavirus at Alaska Seafood Plant
Jul 30 2020 // A seafood processing plant in Anchorage, Alaska has found 56 employees tested positive for COVID-19, marking the latest outbreak in the industry, health officials said. The Anchorage Health Department announced Friday that...
COVID-19 Pandemic to Intensify Risks for Insurers: EU Regulator
Jul 30 2020 // Insurers in the European Union are confronted with risks on several fronts that are intensified by the COVID-19 pandemic, and could face lengthy legal battles from claims relating to lockdowns, the bloc’s insurance...
Japan Government Urges Firms to Aim for 70% Telecommuting as COVID Cases Surge
Jul 30 2020 // Japan’s economy minister said on Monday [July 27] the government would urge businesses to aim for 70% telecommuting and enhance other social distancing measures amid a rise in coronavirus cases among workers, some...
Generali’s First Half Net Profit Drops 56.7% with COVID Hit
Jul 30 2020 // Generali’s first half net profit dropped by 56.7% to €774 million ($909.8 million), compared with €1.8 billion (US$2.1 billion) reported for the same period in 2019. The combined ratio improved to 89.5% (91.8% in...
New Hampshire Investigating Ventilation in Nursing Homes After Virus Outbreaks
Jul 30 2020 // New Hampshire health and fire safety officials will spend the next two weeks investigating whether ventilation systems have contributed to coronavirus outbreaks at nursing homes, Gov. Chris Sununu said Tuesday. More than...
Report Holds Optimistic COVID-19 Recovery View of Cannabis Industry
Jul 29 2020 // A new report out examining how the COVID-19 pandemic impacted the U.S. cannabis industry shows consumer purchasing spiked, dropped, then started to stabilize in the time between when things began to unravel for the nation...
