Coronavirus News

Japan’s Largest Airport Opens COVID-19 Testing Lab for Departing Travelers

TOKYO — Japan’s largest airport opened a novel coronavirus testing facility on Monday as it takes steps to reopen international travel that has been largely grounded for months by the pandemic. The Narita International Airport PCR Center is aimed at …

It Would Take P/C Insurers 150 Years to Pay COVID-19 Business Interruption Losses

The world’s property/casualty insurers would have to collect business interruption insurance premiums for 150 years in order to absorb the estimated US$4.5 trillion global output loss inflicted by COVID-19 and its handling in 2020. P/C insurers currently collect US$1.6 trillion …

How Government Plans to Make COVID-19 Vaccine Free for Every American

Federal health officials Wednesday issued insurance coverage rules designed to deliver on the promise that every American will have access to free COVID-19 vaccines when they are approved. The regulations from the Centers for Medicare and Medicaid Services, or CMS, …

Illinois Governor Bans Indoor Dining in Chicago as Virus Cases Surge

Surging COVID-19 cases in Chicago has prompted Illinois Gov. J.B. Pritzker to ban indoor dining and bar services and limit the number of people gathering in one place. However, Chicago Mayor Lori Lightfoot says she isn’t sure Pritzker’s new restrictions …

WHO to Form COVID Insurance Scheme for Vaccine Side-Effects in Poor Nations

BRUSSELS – A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in poor nations who might suffer any side-effects from COVID-19 vaccines, aiming to allay fears that could hamper a global rollout …

AI-Based Risk Score Predicts Prognosis of Outpatients with COVID-19

A new artificial intelligence-based score considers multiple factors to predict the prognosis of individual patients with COVID-19 seen at urgent care clinics or emergency departments. The tool, nicknamed CoVA, was created by investigators at Massachusetts General Hospital (MGH) and can …

Workers’ Compensation Should See Profit This Year But Maybe Not in 2021: Fitch

Despite the economic challenges from the coronavirus pandemic, the workers’ compensation insurance market is likely to report strong profitability in 2020 thanks to savings from lower claims frequency due that are currently outpacing pandemic-related losses, according to Fitch Ratings. However, …

Lawsuit Filed Against Montana Nursing Home for Negligence in Virus Deaths

A long-term care facility in Montana has been sued after health officials said its staff was negligent and allowed the coronavirus to spread through the facility in Whitefish earlier this year. The lawsuit has been filed by the estates of …

Rhode Island Fines, Closes Four Bars Over Alleged COVID Violations

Rhode Island has fined and temporarily shut down four more bars over alleged violations of state rules meant to control the spread of the coronavirus, state health officials said Friday. State inspectors found various violations at the establishments, including remaining …

Insureds After COVID Premium Cuts Must Ask State Regulator First, Judge Rules

A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a small business customer because of the insured’s reduced business during the pandemic. The judge in Missouri found that the plaintiff, …