Latest COVID-19 Headlines
All the headlines from our COVID-19 Topic Page, ordered by recency.
Small Businesses See Coronavirus Effect Lasting 12-16 Months
May 12 2020 // Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect their business over the next 12-16 months, and nearly 90% are bracing for an economic...
Allianz Posts 29% Drop in Q1 Net Profit as COVID-19 Crisis Slows Business
May 12 2020 // German insurer Allianz said on Tuesday that a key measure of capital may fall below the company’s target floor level as it faces claims for disruption caused by the coronavirus crisis. Allianz, which earlier reported...
Auditor: Coronavirus, Oil Glut Could Cost Louisiana Local Governments $1B
May 11 2020 // The coronavirus battle and the world oil glut could cost cities, parishes and school boards in Louisiana anywhere from $404 million to $1.1 billion over two fiscal years, the state’s Legislative Auditor’s...
U.S. Businesses, Patients Sue China Seeking Damages From Coronavirus Outbreak
May 11 2020 // Before the coronavirus outbreak, Saundra Andringa-Meuer was a healthy 61-year-old mother of six who never smoked or drank alcohol. Then she became seriously ill with the disease after traveling from her Wisconsin home to...
For Global Insurers, Pandemic Likely to Erase Profits Until 2021 Second Half: Fitch
May 11 2020 // While insurance rates have risen for nine consecutive quarters due to large catastrophe losses and accelerating claims inflation, Fitch Ratings expects that technical profits won’t be seen until the second half of...
National Governments Must Help Provide Insurance for Future Lockdowns: EU Regulator
May 11 2020 // National governments must help provide insurance cover for future lockdowns, the industry’s European Union regulator said on Monday, as the private sector cannot afford to provide such broad coverage on its...
Meat Giant Sued for Worker’s Covid-19 Death in Philadelphia
May 11 2020 // The family of a beef plant worker who died because of the coronavirus has brought a wrongful death lawsuit in a Philadelphia court against JBS SA, the world’s biggest meat company. Ferdinand Benjamin filed the suit...
Coronvirus Discrimination and Bullying Hinders Battle Against Pandemic in Japan
May 11 2020 // The coronavirus in Japan has brought not just an epidemic of infections, but also an onslaught of bullying and discrimination against the sick, their families and health workers. A government campaign to raise awareness...
Alabama Enacts Pandemic Lawsuit Protection for Health Care Entities, Businesses
May 11 2020 // New legal protections are being extended to help shield businesses from “frivolous” lawsuits linked to the coronavirus pandemic, Gov. Kay Ivey said Friday. An order issued by Ivey would protect health care...
Georgia Allows Teen Drivers to Bypass Road Test During Pandemic
May 11 2020 // Thousands of teens in Georgia don’t have to take a road test to get their driver’s licenses during the coronavirus pandemic, under an executive order signed by the governor. Teens between the ages of 16 and 18...
New York Strengthens COVID-19 Safety Measures for Nursing Homes
May 10 2020 // New York state on Sunday announced new coronavirus-safety measures to better protect nursing home residents, who are highly vulnerable to the respiratory illness and account for a large share of the nearly 80,000 Americans...
COVID-19 Hits Already-Troubled Nursing Home Insurance Market; Brokers Try to Help
May 10 2020 // Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according...
Growing Virus Outbreak in Northeast Georgia Causes Concern
May 8 2020 // Gov. Brian Kemp warned on Tuesday that a growing coronavirus outbreak is stressing resources in northeast Georgia. Kemp has moved aggressively to allow businesses to reopen even though infections are on the rise in some...
Towing Company Sued by North Carolina for Pandemic Price-Gouging
May 8 2020 // Authorities in North Carolina filed the state’s first price-gouging lawsuit against a towing company accused of employing predatory towing and booting practices during the coronavirus pandemic. A temporary...
Houston Confronts One-Two Punch of Coronavirus and Oil Bust
May 8 2020 // When you’re known as the energy capital of the world, oil busts are nothing new. But Houston now finds itself in uncharted territory — grappling with an oil downturn in the middle of a pandemic. Like in other...
Q1 Insurtech Fundraising Drops 54% on COVID-19 Disruption: Willis Towers Watson
May 8 2020 // Overall funding for insurtech investments decreased by 54% during the first quarter as a result of the COVID-19 crisis, compared to a record high in Q1 last year, according to a report from Willis Towers...
UK Regulator Seeks Court Review in July to Resolve COVID-19 Insurance Dispute
May 8 2020 // Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July, a member of a policyholder action group said on Thursday. The Hiscox Action Group,...
Complex Financial Products Aren’t the Solution to Climate Change or Pandemic: Opinion
May 8 2020 // Almost exactly four years ago the World Bank announced a pioneering project, the Pandemic Emergency Financing Facility, designed to develop a new insurance market and protect the world’s poorest countries against...
How Caterpillar, Deere Kept Equipment Making Plants Open During Coronavirus Outbreak
May 8 2020 // While Detroit automakers’ unionized auto factories have been idled by the coronavirus pandemic, farm and construction equipment makers Deere and Caterpillar have won the support of the United Auto Workers and other...
Florida Makes Plans for Dealing with Pandemic During Hurricane Season
May 7 2020 // As Florida slowly reopens, officials are now contemplating what they should do if the coronavirus outbreak lingers into hurricane season, Republican Gov. Ron DeSantis said Tuesday. Hurricane season begins June 1 and...
