Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Italy’s Regulator Asks Insurer Cattolica to Boost Its Capital by $557M on COVID-19 Impact
Jun 1 2020 // Cattolica Assicurazioni said on Monday that Italy’s insurance regulator had told it to raise 500 million euros ($557 million) after the coronavirus crisis knocked its solvency ratio, a measure of financial...
Pandemic-Hit Re/insurers Expect a Costly Hurricane Season – and Rates Are Rising
Jun 1 2020 // The official start of the Atlantic hurricane season on Monday could signal more steep losses for insurers and reinsurers, already battered by the impact of the coronavirus pandemic on their underwriting and investment...
British Regulator Enlists 8 Insurers in Pandemic Test Case of Business Interruption Cover
Jun 1 2020 // Insurers including Hiscox, RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry regulator said on...
Coronavirus Could Complicate Hurricane Response, Warns Catastrophe Modeler
Jun 1 2020 // “Hurricanes and COVID-19 are not a good mix,” says catastrophe modeling firm Karen Clark & Co., warning in a report that the pandemic will make what forecasters already predict to be an above-average...
Less Cars Doesn’t Equate to Fewer Fatalities During Coronavirus Quarantine. Fatality Rate Up 14%.
Jun 1 2020 // As Americans have been driving less and covering fewer miles, the emptier roads have become more lethal. Preliminary data from the National Safety Council indicate a year-over-year 14% jump in fatality rates per miles...
Nursing Home With Oregon’s Deadliest Virus Outbreak Sued
Jun 1 2020 // The daughter of a woman who died after contracting the coronavirus at a Portland long-term care facility filed a $1.8 million lawsuit last month claiming elder abuse. Angela Brown says her 75-year-old mother, Judith Jones,...
California Workers’ Comp Bureau Lowers Mid-Range Estimate of COVID Costs by $10B
Jun 1 2020 // The Workers’ Compensation Insurance Rating Bureau of California published estimated costs of allowing state workers to receive benefits for COVID-19 claims without proving virus exposure at work, dropping a prior...
Coronavirus Business Interruption Suits Top 100; More Expected
Jun 1 2020 // A federal court has received notice that 101 lawsuits have been filed as of late May seeking coverage from insurers for business interruption losses caused by COVID-19. Plaintiffs attorneys say they expect the number to...
Stress Testing Shows Most Insurers to Withstand Pandemic Hit
Jun 1 2020 // Analysts at the AM Best ratings firm say their initial stress tests of insurance companies globally to gauge the preliminary impact from the COVID-19 pandemic on their financial strength found good news: “most...
How COVID-19 Is Changing Insurance for Schools
Jun 1 2020 // Lilian A. Vanvieldt, senior vice president, educational entities practice leader, for Alliant, has spent more than three decades insuring schools across the country. Her book spans from small school districts to very large...
Coronavirus and Auto Insurance Shopping
Jun 1 2020 // This year began with auto insurance buyers shopping around more than ever, but by mid-March, shopping began to slow down before returning to normal a few weeks later. According to the data firm LexisNexis, shopping has...
Insurer Group Has Issue with Colorado Insurance Department’s COVID-19 Memo
May 29 2020 // The American Property Casualty Insurance Association is taking issue with tentative plans by the Colorado Department of Insurance to halt the use of credit information in Colorado during the pandemic. A recent draft...
Insurance Survey Asks: How Is Pandemic Affecting Your Life, Your Work, Your Industry?
May 29 2020 // How is the coronavirus pandemic affecting you and your work? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that of your...
S&P Affirms Munich Re’s ‘AA-‘ Ratings, Reflecting Sufficient Capital for COVID-19 Crisis
May 29 2020 // S&P Global Ratings has affirmed its “AA-” long-term issuer credit and financial strength ratings for Munich Re and its subsidiaries, with a stable outlook. The stable outlook reflects S&P’s view...
Insurance Survey Asks: How Is Pandemic Affecting Your Life, Your Work, Your Industry?
May 29 2020 // How is the coronavirus pandemic affecting your life and your work? Now and going forward? No matter where you work in the P/C insurance industry, your experience is important. Learn how your experience compares with that...
Virus from Africa Kills Horses in Thailand, Showing Dangers of Biosecurity Gaps
May 29 2020 // When horses suddenly started dying in Thailand as the nation locked down to stem the spread of COVID-19, researchers feared the cause was another deadly bat-borne virus that could kill humans. “We had no idea what...
Farm Workers Getting Sick, Spreading Coronavirus As Peak Produce Season Begins
May 29 2020 // All of the roughly 200 employees on a produce farm in Tennessee tested positive for Covid-19 this month. In New Jersey, more than 50 workers had the virus at a farm in Gloucester County, adding to nearly 60 who fell ill in...
Survey: Florida Residents More Concerned for Hurricane Season Amid Pandemic
May 29 2020 // As Florida gets ready to officially start hurricane season, a new survey shows a majority of residents are more concerned for this year’s potential storms than in previous years, given the simultaneous continuing...
Tyson Foods to Close Iowa Meat Plant as More Workers Catch COVID-19
May 28 2020 // Tyson Foods Inc. said on Thursday it will temporarily close an Iowa pork plant due to the coronavirus pandemic, a month after U.S. President Donald Trump ordered slaughterhouses to stay open to protect the country’s...
Kentucky Nursing Home Evacuated After Coronavirus Outbreak
May 28 2020 // An outbreak of coronavirus cases at a Kentucky nursing home forced the evacuation of dozens of residents to hospitals, state officials said Tuesday. Thirty-nine residents and 20 staff members at Nazareth Clifton in...
