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...
Companies Need Safety From Lawsuits If They Protect Workers: Opinion May 11, 2020 By Michael R. Bloomberg, Bloomberg Opinion States that are reopening their economies even as cases of Covid-19 are still rising are threatening their own residents and...
70,000 Crew Members Remain Quarantined on Ships in U.S. Waters May 11, 2020 By Adriana Gomez Licon and Guillermo Garat Carolina Vasquez lost track of days and nights, unable to see the sunlight while stuck for two weeks in a...
COVID-19 Hits Already-Troubled Nursing Home Insurance Market; Brokers Try to Help May 10, 2020 By Amy O'Connor Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or...
As Deaths Rise to 20,000, Nursing Homes Seek Immunity from Lawsuits May 10, 2020 By Bernard Condon, Jim Mustian and Jennifer Peltz Faced with 20,000 coronavirus deaths and counting, the nation’s nursing homes are pushing back against a potential flood of lawsuits...
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...
White House Quashes ‘Overly Specific’ CDC Guide for Reopening of Economy May 8, 2020 By Alexandra Alper and Maria Caspani The White House shelved a step-by-step guide prepared by U.S. health officials to help states safely reopen mass transit, restaurants,...
Trump Administration Revises Sexual Assault Response Rules for Schools May 8, 2020 By Collin Binkley Education Secretary Betsy DeVos on Wednesday issued a new policy that will reshape the way schools and universities respond to...
April’s Killer Tornadoes Cost Insurers Billions in Claims: Aon Report May 8, 2020 Extensive severe weather events in the United States during April cost insurers billions of dollars, according to the latest edition...
NFL Kicks Off Plan to Reopen Team Facilities; MLS Soccer Allows Player Workouts May 8, 2020 By Barry Wilner The NFL has set protocols for reopening team facilities and has told the 32 teams to have them in place...