Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
California Governor Cautiously Upbeat About Coronavirus Numbers
Aug 4 2020 // California appears to be getting a grip on a resurgence of the coronavirus, Gov. Gavin Newsom said this week, though he warned the state is a long way from reopening some of the businesses it shuttered for a second time...
698 Louisiana Businesses Cited for Violating COVID-19 Rules
Aug 4 2020 // Nearly 700 restaurants, bars and businesses in Louisiana were cited in July for violating the governor’s coronavirus restrictions, according to records from the State Fire Marshal’s Office. The businesses...
UK Insurer Direct Line’s H1 Profits Beat Forecasts as Auto Claims Drop During Lockdown
Aug 4 2020 // Insurer Direct Line gave a double bonus to shareholders on Tuesday as first-half profits beat expectations due to a slump in motor claims as Britons drove less during the coronavirus lockdown. Britain’s biggest car...
Aviation Sector Carries Biggest Risk of Corporate Default from Pandemic: Gallagher
Aug 4 2020 // The aviation sector carries the biggest risk of corporate default as a result of the coronavirus pandemic, according to a survey of insurers published by broker Gallagher on Tuesday. Only 29% of credit and political risk...
UK Regulator Warns Insurers to Fairly Calculate COVID-Related Biz Interruption Claims
Aug 4 2020 // Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face action by Britain’s markets watchdog. The Financial Conduct Authority (FCA) has...
Judge Voids Parts of Trump Labor Rule Limiting Coronavirus Sick Leave Eligibility
Aug 4 2020 // A U.S. judge on Monday voided parts of a Trump administration rule that restricted paid sick leave and emergency family leave for potentially millions of workers affected by the coronavirus. Ruling in a case brought by New...
New Mexico Reports 210 More Coronavirus Cases, 9 Deaths
Aug 3 2020 // The number of confirmed coronavirus cases in New Mexico increased by 210 and deaths by nine on Saturday, state health officials reported. The deaths included three residents of Bernalillo County, two in Dona Ana County,...
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...
