coronavirus cancellations News

Austin’s SXSW Cancelled Due to Texas Coronavirus Cases

Austin Mayor Steve Adler declared a local disaster on March 5 that effectively cancels this year’s South by Southwest festival. The 10-day event was scheduled to begin March 13 and expects hundreds of thousands of attendees to fly in from …

Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions

Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe. The world’s largest insurers have learned lessons from previous health crises, …

Handshakes, Buffets Out. Otherwise It’s Insurance Conferences-as-Usual Amid Coronavirus.

As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow …

Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations

Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidemic outbreaks. Hotels hit by cancellations may fare better. That is because a new type of insurance …

FACTBOX-Update on Coronavirus Around the World

The rapid spread of the new coronavirus has increased fears of a pandemic, sending global markets into a dive and prompting governments to step up control measures. As of Monday, there have been over 89,000 cases of the virus globally, …