coronavirus risk News

Following Pandemic, Cyber Vaccines Needed to Protect Digital Economy: Viewpoint

A surge in cyber attacks and ransomware hacks since the start of pandemic lockdowns is alarming for a world of finance moving headlong into digital money and remote working longer term. The flipside of the digital revolution has always been …

Businesses Turned to Risk Management Technology More During Pandemic

Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs. A survey of 1,100 risk professionals found that 38 percent of the respondents increased their …

China Says Food Unlikely to Be Cause of New Virus Outbreak, but Blocks Tyson Imports

China suspended poultry imports from a Tyson Foods Inc. plant where hundreds of employees tested positive for Covid-19, stoking concerns over the broader implications for U.S. and global meat exports. All products from the plant in Springdale, Arkansas, where Tyson …

China Finds Coronavirus Contamination in Seafood and Meat in Beijing Food Market

China has found the trading sections for meat and seafood in Beijing’s wholesale food market to be severely contaminated with the new coronavirus and suspects the area’s low temperature and high humidity may have been contributing factors, officials said on …

Risk Professionals Reassess Top Risks During Post-COVID Era

Reaching out to some of the same risk professionals that respond to the its “Global Risks Report” each year, the World Economic Forum announced the results of a special “COVID-19 Risk Perception Survey,” finding their concerns centered on economic risks …

Florida Extends Order Allowing Agency Reps to Work Remotely During Health Emergency

Customer service representatives holding a particular Florida insurance license will be able to continue conducting business remotely until at least July 7. A directive issued by Florida CFO Jimmy Patronis that allows remote work by Florida agency customer service representatives …

AXA XL Launches Virtual Risk Assessment Service Called ‘Remote Risk Dialogue’

AXA XL Risk Consulting has launched a new risk assessment service, Remote Risk Dialogue, to continue evaluating loss prevention across business lines amid COVID-19 restrictions. Using data captured from telephone calls, web tools and existing reports, Remote Risk Dialogue enables …

Southeast Insurance Regulators Issue Industry Guidance for Coronavirus Outbreak

Insurance departments across the Southeast are notifying industry representatives of updated procedures and expectations in response to the coronavirus outbreak, while also acknowledging the potential for a serious impact on state insurance operations, agents and policyholders. In some cases, regulators …

Florida Regulator Directs Insurers to Prepare for Coronavirus-Related Interruptions

The Florida Office of Insurance Regulation (OIR) is directing all insurers to review and update their business continuity and/or continuity of operations plans in light of the current outbreak of coronavirus strain COVID-19. In a memorandum issued by OIR March …

Florida Clears Insurance Agency Reps to Work Remotely Amid Coronavirus

Florida’s state of emergency due to the rapid spread of coronavirus in the state, and throughout the country, has created a need for many workers to work remotely. However, certain licensed insurance employees were restricted from doing so by a …