Global COVID-19 Insurance Losses to Be Higher than Early Estimates: Lloyd’s Chairman November 19, 2020 By Noor Zainab Hussain and Carolyn Cohn Global insurance losses from the COVID-19 pandemic will be higher this year than the $107 billion Lloyd’s of London had...
Task of Tracking COVID-19 Vaccine Safety Falls to Multiple Federal Agencies November 18, 2020 By Anna Edney Monitoring Covid-19 vaccines for safety issues will fall to a group of U.S. health agencies that also will have a...
Pfizer Reports 95% Success Rate in COVID-19 Vaccine Final Trial November 18, 2020 By Michael Erman Final results from Pfizer Inc.’s COVID-19 vaccine trial showed its shot had a 95% success rate and two months of...
Norwegian Cruise Ship Operator SeaDream Cancels All Sailings After Virus Outbreak November 18, 2020 By Nora Buli Norwegian-owned cruise ship operator SeaDream Yacht Club has canceled all sailing for the remainder of 2020 after positive COVID-19 test...
South African Insurer Santam Loses COVID-19 Business Interruption Test Case November 18, 2020 By Roxanne Henderson A Cape Town court ordered Santam Ltd. to pay out business-interruption claims to two South African hospitality companies, potentially opening...
Insurers Using Counter-Intuitive Arguments to Escape COVID Liabilities: UK Regulator November 18, 2020 By Kirstin Ridley and Carolyn Cohn Insurers are trying to escape liability for pandemic-related business losses with counter-intuitive arguments that go against the essential purpose of...
Oklahoma Places New Restrictions on Bars, Restaurants Amid Virus Surge November 17, 2020 By Sean Murphy, The Associated Press Oklahoma Gov. Kevin Stitt has announced new restrictions on bars and restaurants and plans to require mask wearing inside state...
Michigan Governor Says She Has Authority for Virus Stay-Home Order November 17, 2020 By David Eggert Michigan Gov. Gretchen Whitmer said on Nov. 16 she has the authority to issue a second stay-at-home order to curb...
20 Farms in Washington Fined for Not Protecting Workers From COVID-19 November 17, 2020 Three Mid-Columbia farms are among those receiving the biggest fines in the state from the Washington state Department of Labor...
Is the Aviation Insurance Market Ready for a COVID-19 Vaccine? November 17, 2020 By James Jordan and Paul Woodley As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need...