pandemic News

Pandemic Part of a Perfect Storm for Insurers, Homeowners Bracing for Bad Wildfire Season

A perfect storm appears to brewing for homeowners and property insurers in the drought-plagued, wildfire-riddled U.S. West – and as odd as it may sound, the trouble may have begun with the pandemic. Property insurance rates and availability for homeowners …

Washington Commissioner Wants Auto Claims, Rebate Data from Insurers

Washington Insurance Commissioner Mike Kreidler issued a data call of 124 auto insurance companies for recent rebates given to policyholders during the COVID-19 pandemic. Kreidler is requesting claims data for private passenger auto claims from 2016 to 2020 and how …

Most COVID-19 Restrictions Lifted in Washington

Most of the COVID-19 restrictions that have been in place and modified several times since last spring were lifted in Washington on Wednesday, meaning restaurants and bars and other businesses could resume full indoor occupancy levels and physical distancing requirements …

Alaska One of Few States to Allow Cannabis Lounges, but Pandemic Paused Plans

Regulators amid much fanfare in early 2020 approved two cannabis lounges in Alaska, making it one of the few states where customers would be allowed to use marijuana at retail pot shops. Then the pandemic hit. One of the sites …

Oregon Considering Indefinite Mask Rules for Workers

As states around the country lift COVID-19 restrictions, Oregon is poised to go the opposite direction – and many residents are fuming about it. A top health official is considering indefinitely extending rules requiring masks and social distancing in all …

California Surplus Lines Weathered Pandemic, Wildfires, Civil Unrest

In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines market “didn’t miss a beat.” That was the message from Ben McKay, CEO and executive director of the Surplus Line …

Crisis Within a Crisis: How COVID-19 Is Driving the Opioid Epidemic

While the current national health conversation has largely centered on the COVID-19 pandemic, which has resulted in more than 200,000 deaths in the U.S. alone and more than a million worldwide according to recent World Health Organization (WHO) data, another …

COVID-19 a Growing Share of Shrinking Work Comp Claims in 2 States

COVID-19 has become a large chunk of a dwindling number of workers’ compensation claims in Florida and California, limited data shows. The number of COVID-19 workers’ compensation claims reported in California more than quadrupled to 22,621 since the last data …

Companies Risk Losing More Than 40% of Annual Profit on Supply Chain Shocks: McKinsey

Companies risk losing more than 40% of annual profit once a decade in a world threatened by trade wars, cyber attacks, pandemics and climate change, according to McKinsey & Co., which estimates the COVID-19 crisis could top $5 trillion in …

Report Holds Optimistic COVID-19 Recovery View of Cannabis Industry

A new report out examining how the COVID-19 pandemic impacted the U.S. cannabis industry shows consumer purchasing spiked, dropped, then started to stabilize in the time between when things began to unravel for the nation in March until recently. In …