Coronavirus News

Report: California Comp Virus Claim Volume Plummeted in February

The wave of COVID-19 claims that hit the California workers’ compensation system at the end of 2020 has subsided for the time being as the number of claims reported to the state Division of Workers’ Compensation for February fell to …

Insurer Sanlam Braces for More Virus Waves in South Africa

South Africa may still be short of the halfway mark of the pandemic even after two distinct waves of the coronavirus swept through the country over the past year. “We are basically planning for two-and-a-half more waves,” Sanlam Ltd. Chief …

State Farm Returning $400M to California Auto Customers

State Farm is returning $400 million to California mutual auto insurance customers due to better than anticipated claim results, the company announced this week. The announcement comes as the California Insurance Commissioner Ricardo Lara on Thursday said insurers in California …

California Commissioner Says Insurers Overcharged Drivers During Pandemic

Insurers in California continued to overcharge drivers despite reduced risk of accidents during the pandemic, according to a report released today by Insurance Commissioner Ricardo Lara. Lara ordered auto insurance companies to return a percentage of paid premiums in April, …

California’s Five Largest Counties Forecast Looser Virus Rules

Three of the five largest counties in California could reopen as early as this weekend for indoor dining, movie theaters and gyms at limited capacity under a new metric aimed at getting more shots to those most vulnerable. For Los …

Insurers Face Disputes with Their Reinsurers over UK COVID-19 Business Income Claims

Top insurance companies, ordered by Britain’s highest court to pay thousands of small businesses millions of pounds in claims for COVID-19 disruption, are facing a battle with reinsurers over who should foot the bill, industry sources said. Bars, beauty parlors, …

Italy’s Generali Expects to Hit 2021 Targets After Reporting ‘Excellent’ Results in 2020

MILAN – Generali is confident it can hit its targets this year after Italy’s biggest insurer overcame a negative impact from the coronavirus crisis in 2020 to deliver a record operating profit. Operating profit, which is closely watched by the …

Detroit Mayor Turning Down J&J Vaccine over Others

Detroit has down 6,200 doses of the newly authorized Johnson & Johnson coronavirus vaccine, favoring shots from Pfizer and Moderna, but said Friday it will accept J&J doses in the state’s next allocation. Mayor Mike Duggan had said Thursday that …

Insurer Aviva Seeks New London Headquarters to Cut Post-Pandemic Office Footprint

Aviva Plc is searching for a new City of London headquarters as the UK insurer prepares to slash its office footprint. The firm started looking for new offices in the financial district early last year, but shelved its plans once …

Cal/OSHA Cites Multiple Employers for COVID-19 Violations

Cal/OSHA has cited multiple employers for not protecting workers from COVID-19 following inspections in various industries throughout the state. Violations were identified in industries including construction, garment, correctional institutions and medical. Cal/OSHA opened the inspections after learning of COVID-19 fatalities …