Coronavirus News

Report: California Workers’ Comp Quarterly Written Premium Lowest Since 2012

Written premium for 2020 was $1.9 billion, or 12%, below 2019, and was at its lowest since 2012, a new report out from the Workers’ Compensation Insurance Rating Bureau shows. WCIRB’s quarterly experience report as of Sept. 30 also shows …

COVID-19 to Cut UK Life Expectancy by 9 Months: RBC Analysts

The coronavirus pandemic is seen cutting life expectancy in the UK by nine months, Royal Bank of Canada analysts said, helping to reverse trends of longevity. The estimate from insurance stock analysts Gordon Aitken and Mandeep Jagpal was based on …

Vaccinated California Employees Face Workplace Restrictions

In a move criticized by business groups and hailed by labor advocates, California’s workplace regulators extended the state’s coronavirus pandemic regulations into next year with revisions that employers said could worsen the state’s severe labor shortage. The revised rules require …

Millions of Migrants Can’t Get COVID Vaccines Because of Drugmakers’ Liability Fears

BRUSSELS/BANGKOK – Tens of millions of migrants may be denied COVID-19 vaccines from a global program because some major manufacturers are worried about legal risks from harmful side effects, according to officials and internal documents from Gavi, the charity operating …

London Turns Into Ghost Town as UK Faces Record-Breaking Wave of COVID Infections

The owner of Parlez, a pub and restaurant in south London, hoped that sales this Christmas would have bounced back fully from last winter’s COVID-19 lockdown. Instead, every one of this week’s group reservations canceled their bookings. The UK is …

Workers’ Comp Bureau of California Issues COVID-19 Analysis

The Workers’ Compensation Insurance Rating Bureau of California in collaboration with several other workers’ comp rating bureaus released the COVID-19’s Impact on Workers Compensation report. To better understand the pandemic’s impact on the workers’ comp industry, a collaborative effort was …

M&A Insurance Rates Nearly Double After Explosion of Dealmaking During Pandemic

The cost of insurance to cover problems involving M&A has nearly doubled in just two years, underwriters and brokers said, after an explosion of global dealmaking during the COVID-19 pandemic. Potential buyers take out insurance to protect against issues such …

New York City Expands Its First-In-Nation Vaccination Mandate Program

New York City is expanding its “Key to NYC” program, the first-in-nation vaccination mandate for workers and customers at indoor dining, fitness, entertainment and performance venues. Starting December 14th, the program will require children aged 5-11 to show proof of …

Update on Vaccine Mandates for Businesses, Health Workers and Federal Contractors

Millions of health care workers across the U.S. were supposed to have their first dose of a COVID-19 vaccine by Monday, Dec. 6 under a mandate issued by President Joe Biden’s administration. Thanks to legal challenges, they won’t have to …

Update on Court Challenges to Biden Covid Vaccine Rules

Courts have recently blocked some of the Biden administration’s rules and regulations aimed at increasing U.S. vaccination against COVID-19, which has killed more than 750,000 Americans and weighs on economic growth. The vaccine requirements have been challenged by Republican state …