While COVID-19 losses are large and significant for the insurance sector, they are an earnings’ event, rather than a capital event, according to report issued by Hyperion X, the data and analytics division of Hyperion Insurance Group. In its second …
Gov. Asa Hutchinson has rejected a White House task force’s recommendation that Arkansas close bars and implement other restrictions, despite the state posting the 9th highest rate of positive coronavirus tests in the country. The White House Coronavirus Task Force …
Even though investment returns rebounded from first-quarter levels during the second quarter of 2020, claims from COVID-19 created an “anemic earnings” picture for global reinsurers, Moody’s Investor Services says. In a new report on half-year earnings for the sector published …
A northern Virginia man has pleaded guilty to a $1.4 million fraud scheme to obtain federal funds meant for businesses struggling under the coronavirus pandemic. Tarik Jaafar, 42, of Woodbridge, admitted in U.S. District Court in Alexandria that he created …
Only 17% of workers in British cities had returned to their workplaces by early August, underscoring the challenge for Prime Minister Boris Johnson to steer the country away from its coronavirus shutdown, data published on Thursday showed. The Centre for …
As COVID-19 cases and deaths continue to rise, so too does the number of lawsuits filed against employers. Recently, an increasing number of families of employees who died from COVID-19 have asserted wrongful death actions against employers for failing to …
Four overnight camps in Maine successfully stemmed the spread of the novel coronavirus and conducted sessions with over 1,000 attendees from 41 states and international locations this summer, according to a new report published on Wednesday. The findings in the …
Public confidence in virus control, rather than the length and stringency of government lockdowns, may be the best way to gauge how economies emerge from this year’s pandemic – though tracking that confidence can be a bewildering business. Apparent gaps …
Nursing homes in the United States will now be required to test staff for COVID-19 and offer testing to residents, the Centers for Medicare & Medicaid Services (CMS) said on Tuesday. The new rules also mandate nursing homes to share …
Carnival Corp.’s Princess Cruises said on Monday it would cancel early 2021 cruises on two ships, citing travel, border and port restrictions due to the COVID-19 pandemic. Cruise lines, hammered by a crisis that has seen some ships turn into …
