Analysts at the AM Best ratings firm say their initial stress tests of insurance companies globally to gauge the preliminary impact from the COVID-19 pandemic on their financial strength found good news: “most insurers’ capital levels provided an adequate buffer …
China is urging domestic companies to look at listing in London, several sources told Reuters, as the country aims to revive deals under a Stock Connect scheme and strengthen overseas ties in the wake of the coronavirus crisis. The Shanghai-London …
Is the Insurance Policy Affected if the Business Opens Against a Governor’s Orders: The Facts About Supposed “Illegal Acts” Exclusions States have gone to war against some municipalities over COVID-19. Executive orders currently in place in many states still bar …
Britain’s fruit and vegetable farmers have long dreaded their country’s exit from the European Union, worrying that it would keep out the tens of thousands of Eastern European workers who come every year to pick produce. Now, the coronavirus pandemic …
Italian businesses that follow the health and safety rules are protected from liability in case returning workers catch coronavirus, the head of the country’s insurance association said in an interview with La Stampa. While infections are categorized as workplace accidents …
Restaurants serving takeout and delivery orders in Louisiana during the coronavirus outbreak and businesses providing protective gear should be largely shielded from lawsuits for injuries, the state Senate decided on May 14. Senators overwhelmingly supported the pair of bills from …
FedEx has confirmed that workers from its facility in the Kansas City suburb of Olathe have tested positive for COVID-19. A spokesperson from FedEx Ground said in a statement that it was working cooperatively with county health officials and offering …
In the days before his death, an Iowa meatpacking worker twice warned that the coronavirus was spreading through his plant because of its crowded spaces and lack of personal protective equipment, his nephew said. Husen Jagir, 56, died May 1, …
The most important data for the U.S. economy right now are the “medical metrics” around the coronavirus pandemic, Federal Reserve Chairman Jerome Powell said Sunday night in broadcast remarks where he outlined the likely need for three to six more …
A bipartisan group of federal lawmakers last week unveiled a plan to compensate essential workers who fall sick or die from COVID-19. The lawmakers are modeling their Pandemic Heroes Compensation Act after the September 11th Victim Compensation Fund. Reps. Carolyn …
