coronavirus pandemic News

Pennsylvania Regulator Asks Insurers To Assess Pandemic’s Impact in Rate Filings

The Pennsylvania Insurance Department has issued guidance for property/casualty insurers in the state to continue to assess the impact of the COVID-19 pandemic in rate filings. “Much has changed since the start of the pandemic, and there will be lasting …

Why World Bank’s Controversial Pandemic Bonds Didn’t Function as Hoped

In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood in front of a group of Georgetown University students and professors to introduce a new approach to fighting pandemics. Fresh …

Kentucky City, County to Waive License Fees for Restaurants, Bars Due to Pandemic

Kentucky’s Daviess County Fiscal Court and Owensboro City Commission are preparing to waive license fees for restaurants and bars to help ease the burden of the coronavirus pandemic, the Owensboro Messenger-Inquirer reported. On Thursday, the Fiscal Court unanimously voted to …

‘G4’ Swine Flu Virus Is Not New, Does Not Easily Infect Humans: China

SHANGHAI/BEIJING โ€“ China’s Ministry of Agriculture and Rural Affairs said on Saturday that the so-called “G4” strain of swine flu virus is not new and does not infect or sicken humans and animals easily, rebuffing a study published earlier this …

Potential New ‘Pandemic Virus’ Has Been Found in Chinese Pigs, Warns Study

SHANGHAI – A new flu virus found in Chinese pigs has become more infectious to humans and needs to be watched closely in case it becomes a potential “pandemic virus,” a study said, although experts said there is no imminent …

Nebraska Farm Bureau: Potential Ag Losses from Pandemic – $3.7B

Nebraska potentially faces nearly $3.7 billion in agricultural losses from the coronavirus pandemic if economic conditions do not improve, the Nebraska Farm Bureau said. Its estimate projects revenue losses for this year’s commodities, including corn, soybeans, wheat, beef cattle and …

Virginia Authorities Warn of Scams Targeting Relief Checks

Officials in Virginia are warning of possible scams related to the coronavirus epidemic. And they’re particularly worried about the $1,200 checks that many Americans will receive from the federal government in the coming weeks and months. The warning comes from …

Allstate Announces $1.3M Shelter-in-Place Payback to Mainers

Allstate is returning savings resulting from shelter-in-place orders back to consumers. This comes as the company cited an unprecedented decline in driving due to shelter-in-place orders, which translates into fewer accidents. Nationally, the company plans to return more than $600 …

Insurance Veteran Kevin Brooks Passes Away Due to COVID-19 Complications

Insurance industry veteran Kevin P. Brooks passed away on April 3, 2020, due to complications of COVID-19. Brooks had a long and successful career in the insurance industry, focusing on wholesale, specialty and surplus lines. His career began in 1969 …

Maryland Auto Allows Participants to Pause Payments During State of Emergency

Participants in FineFix, Maryland’s auto fine forgiveness program, will be allowed to pause their payment plans during the current state of emergency in Maryland. The Uninsured Division of Maryland Auto Insurance is taking this action in order to provide additional …