coronavirus employment News

101 Ways Coronavirus Crisis Has Changed P/C Insurance Pros’ View of Their Job. Or Not.

Has the coronavirus experience changed how property/casualty insurance professionals view their jobs? Yes and no. The biggest change is that many in the industry learned they can do their job from home, and most, although not all, like that. That’s …

Sailors Stranded by COVID Restrictions Could Refuse to Work, Causing Trade Disruption

Merchant ship crew members stranded at sea for months due to coronavirus-related travel restrictions could now start refusing to further extend their contracts and stop working, potentially disrupting global trade, the International Transport Workers’ Federation said late Monday [June 15]. …

Reports of the Death of the Office Are Greatly Exaggerated: Opinion

I returned to the office this week, joining thousands of bankers from Citigroup Inc. to Morgan Stanley that are trickling back to their desks in Hong Kong. After almost five months working from home, it’s going to take some getting …

UK Employee Union Urges Insurers, Banks to Protect Call Center Staff During Pandemic

Employee union Unite has called on finance firms to do more to protect call center staff after a survey of almost 3,000 employees exposed widespread fears about catching COVID-19 in workplaces where social distancing measures were falling short. Independent research …

Coronavirus Cluster Found in Crew of Freight Cargo Ship in Australia

A coronavirus cluster was detected Tuesday on a freight ship berthed in the Australian west coast port of Fremantle, raising questions about why local authorities weren’t alerted to the danger. Six of 48 crew members from the Al Kuwait tested …

When UK Insurers, Banks Emerge from Lockdown, Their Employees Face New Normal

Limits on elevators, thermal imaging and temperature checks will greet a first wave of traders and bankers in Britain preparing to return to offices under new norms to tackle the coronavirus. Britain’s financial sector is working to bring staff back …

Coronvirus Discrimination and Bullying Hinders Battle Against Pandemic in Japan

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 seems to be helping, at least …

U.S. Economy Hit Hard in Q1 But Worse Contraction Still to Come

The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession as stringent measures to slow the spread of the novel coronavirus almost shut down the country, ending the longest expansion in the nation’s history. …

6 Ways Insurance Brokers Can Be a Resource to Clients During COVID-19 Crisis

Risk managers at companies of all kinds have been forced to rapidly evaluate how the coronavirus pandemic is affecting their businesses. They’ve had to react quickly with limited information while trying to forecast future developments. At the same time, they …

More White Collar Employees Starting to Face Pay Cuts, Layoffs

First, it was bars, restaurants, hotels. And clothing stores, movie theaters, entertainment venues. And countless small businesses, from bookstores to barber shops. Now, the record-setting flood of layoffs unleashed by the viral outbreak is extending beyond the services industries that …