September 22, 2020
The U.S. government is falling behind global rivals when it comes to protecting meatpacking workers from Covid-19 infections, even though the nation’s plants were among the first to confront rampant cases across factories. In Germany, the government is ready to …
September 22, 2020
A panel set up by Royal Caribbean Group and Norwegian Cruise Line Holdings Ltd. said on Monday it had submitted a report to the U.S. Centers for Disease Control and Prevention (CDC) detailing health and safety protocols, hoping to set …
September 22, 2020
Vaccine makers will be indemnified in Europe if their COVID-19 shots cause unexpected side-effects, an industry official said on Tuesday, as nearly 40 firms pursue talks on possible authorisation for shots in development. The European Commission has confidential liability clauses …
September 22, 2020
British Prime Minister Boris Johnson will tell people on Tuesday to work from home where possible and will curb timings for bars and restaurants to tackle a fast-spreading second coronavirus wave, but the opposition accused him of losing control. With …
September 21, 2020
In a follow-up to the High Court’s ruling on coronavirus-related business interruption claims by businesses, the UK’s Financial Conduct Authority (FCA) is advising insurers that they must pay all valid claims “in full at the earliest possible date to support …
September 18, 2020
Speaking at one of the many virtual conferences that took place in early September, Dan Malloy, chief executive officer of Bermuda-based Third Point Reinsurance, offered an anecdotal view of the reinsurance market from a broker he knows. “It isn’t a …
September 18, 2020
Whether they are convinced that they absolutely need them or not, some reinsurers aim to try to put pandemic exclusions into casualty reinsurance contracts next year, a reinsurance broker representative revealed recently. Amanda Nguyen, U.S. Casualty Solutions Leader for Reinsurance …
September 18, 2020
Ciaran Martin, who stepped down as head of the UK’s National Cyber Security Centre this month, will call on Boris Johnson’s government to make it illegal for companies to pay cyber hackers a ransom. “If I had one policy card …
September 18, 2020
A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer Patagonia and ice-cream maker Ben & Jerry’s, a unit of …
September 17, 2020
The top emerging litigation risk identified for the year ahead is PFAS, the so-called “forever chemicals” used in a wide variety of products such as Teflon, Scotchgard, food containers, firefighting foam and ski wax, said the co-founders of Praedicat, the …