Prime Minister Boris Johnson announced new restrictions on social gatherings in England on Wednesday, saying there was a clear need to act after a spike in COVID-19 infections. Speaking at a televised news conference, flanked by his top medical advisers, …
Another federal court has dismissed a COVID-19 business interruption lawsuit, finding that a closure order does not constitute a covered “direct physical loss” and that the policy excluded damages caused by viruses anyway. The ruling by the U.S. District Court …
Despite the global reinsurance sector’s “robust capital position” and “very high rate rises,” which are expected to “carry on for the remainder of year, and continue for major renewals in 2021,” S&P Global Rating’s credit outlook for the sector will …
Even before the coronavirus crisis hit, the re/insurance industry was in a period of significant rate hardening, which will likely continue over the next two years, or even longer, according to Munich Re. Such price increases became necessary after 10-plus …
Look around the corner, what do you see? Answering that question is the most important part of my job as an author, speaker, advisor and VC investor. It’s a role that requires a hint of arrogance, since peering around the …
South Dakota Gov. Kristi Noem has dismissed as “fiction” a recent study published by San Diego State University that ties the Sturgis Motorcycle Rally in August to a massive surge in COVID-19 cases and approximately $12.2 billion in public health …
Vermont law enforcement officials believe an increase in the number of traffic fatalities recorded so far this year could be linked to fewer police on the road because of the coronavirus pandemic. So far this year there have been 43 …
Baltimore’s mayor said that the city won’t immediately follow some other parts of the state into the third phase of its coronavirus recovery plan. “We do not want to erase the gains we’ve made over the past month,” Mayor Bernard …
British theaters and live music venues say the show will only go on if the government provides a financial backstop, as the COVID-19 pandemic means they can no longer get commercial insurance. While venues for indoor live performances are not …
A federal judge in Florida has dismissed a suit for business interruption insurance payments by a Florida dentist who claimed the damages were caused by COVID-19 virus and related civil authority shutdowns of dental services. U.S. District Court Judge John …
