Coronavirus News

Grounded Airplanes at Risk from Asia’s Tropical Storm Season, Industry Experts Warn

Airlines, airports and insurers across Asia are bracing for the prospect of unusually high damage as the region’s tropical storm season begins, as hundreds of aircraft grounded by the coronavirus pandemic can’t be moved easily. Major airports in storm-vulnerable regions …

How Florida’s Strained Insurance Market is Facing COVID-19, Hurricane Season

From the threat of insurer ratings downgrades to mounting carrier losses because of excessive litigation to increasing insurance rates, Florida’s insurance market got off to a rocky start in 2020. Then came the COVID-19 global pandemic, causing further stress to …

Insurance Survey: How Is Pandemic Affecting Your Life, Your Work, Your Industry?

No matter where you work in the P/C insurance industry, your experience is important. How is the coronavirus pandemic affecting you now? Going forward? What do you expect to change? When will you be ready to travel? How do you …

Mississippi Establishes Small Business Website for Virus Relief Grants

Mississippi has established a website where owners of small businesses can soon start applying for grants funded by a federal coronavirus pandemic relief package, Gov. Tate Reeves said Friday. The site – backtobusinessms.org – has rules for the program created …

Michigan Orders Auto Insurers to Issue COVID-19 Refunds or Waivers

Auto insurers in Michigan have been ordered to issue refunds or premium waivers to policyholders due to reduced driving and resulting decrease in risk to insurers brought on by the stay at home orders related to the COVID-19 pandemic. In …

Big Publishers Sue Digital ‘Emergency Library’ Offering Free Books During Coronavirus

Four of the country’s biggest publishers have sued a digital library for copyright infringement, alleging that the Internet Archive has illegally offered more than a million scanned works to the public, including such favorites as Toni Morrison’s “Song of Solomon, …

Nevada Property Manager Paying $300K in Virus Eviction Ban Lawsuit

A Nevada-based property management company that issued eviction notices to tenants in Tacoma during the coronavirus pandemic has agreed to pay nearly $350,000 to resolve a lawsuit filed by Washington state Attorney General Bob Ferguson. The money includes nearly $300,000 …

Maine Believes Increase in Unemployment Claims Tied to Fraud

Another 24,500 individuals have filed initial claims for unemployment benefits last week – more than double the number of claims the previous week, the Maine Department of Labor said Thursday. The large number of claims is suspicious, coming off a …

States Adding Laws to Shield Businesses From Liability for Coronavirus Claims

Four states have passed laws that grant businesses immunity from civil liability for claims relating to COVID-19, while legislation in at least three other states is advancing. The bills signed into law by the governors of North Carolina, Oklahoma, Utah …

How COVID-19 Court Lockdowns May Turn the Social Inflation Tide

Defense attorney Ellen Greiper reported receiving more than the usual number of phone calls from plaintiffs attorneys earlier this month, suggesting that the call dynamics could be signaling a COVID-driven change in social inflation trends. “I have had a flurry …