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Workers’ Compensation Numbers Indicate Strong Performance During 2020 Pandemic

Because of job losses and shrinking payrolls during the pandemic recession, the workers’ compensation industry’s net written premium dropped 10% to $42 billion in 2020. However, private insurers posted a profitable calendar year combined ratio of 87, the industry’s fourth …

How Auto Insurers, Consumers Rode the Bumpy Year of Pandemic

The U.S. auto insurance market experienced market disruption due to pandemic-related shopping volatility, an uptick in dangerous driving, policy renewal delays and fewer claims. But by the end of 2020, shopping volumes closed 5.3% higher than in 2019 and net …

Study Links High Hispanic Death Rate From Covid-19 to Work Exposure

Hispanic Americans have died of Covid-19 at a disproportionately high rate compared to whites because of workplace exposure to the virus, a new study suggests. Hispanics are over-represented among workers in essential industries and occupations ranging from warehousing and grocery …

WHO Says China’s Vaccine Prevents COVID But Questions Data on Side Effects: Reuters

WHO experts have voiced “very low confidence” in data provided by Chinese state-owned drugmaker Sinopharm on its COVID-19 vaccine regarding the risk of serious side-effects in some patients, but overall confidence in its ability to prevent the disease, a document …

Biden Backs Patent Waiver for Covid-19 Vaccines

President Joe Biden on Wednesday threw his support behind waiving intellectual property rights for COVID-19 vaccines, bowing to mounting pressure from Democratic lawmakers and more than 100 other countries, but angering pharmaceutical companies. Biden voiced his support for a temporary …

Workers Refusing Covid Vaccine Could Lose Their Jobs

Texas nurse Jennifer Bridges plans to go to work on June 7, like it’s any other day. The only difference is, when she gets there she expects to be fired. That day is the deadline her employer, Houston Methodist hospital, …

Rare Covid-19 Vaccine and Treatment Injury Victims Look to U.S. Fund

High school senior Emma Burkey received her “one and done” Johnson & Johnson coronavirus vaccine on March 20, and within two weeks was in an induced coma following seizures and clotting in her brain. She’s making a slow recovery, having …

Biden Administration Considering Intellectual Property Rights Waiver for COVID Vaccines

The White House is considering options for maximizing global production and supply of COVID-19 vaccines at the lowest cost, including backing a proposed waiver of intellectual property rights, but no decision has been made, press secretary Jen Psaki said on …

Europe’s Hopes for Digital Health Passports Face Security, Fraud, Political Challenges

As Europe races to set up a digital health pass scheme to save the holiday season from the pandemic, technical and political obstacles are showing just how big a challenge the world faces in building such systems, people involved in …

Businesses Turned to Risk Management Technology More During Pandemic

Driven by the COVID-19 pandemic, businesses and public entities increased their reliance on risk management technologies, as vendors expanded their offerings to meet their needs. A survey of 1,100 risk professionals found that 38 percent of the respondents increased their …