COVID-19-related claims were not the biggest driver of the North American property/casualty insurance industry’s overall combined ratio during the first six months of 2020. Natural catastrophes cost insurers more, Fitch Ratings concluded in its latest report. Pandemic-related claims increased the …
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 …
The global COVID-19 pandemic has exacerbated an “already volatile political risk landscape” with most countries recording elevated political risk. According to a midyear update to insurance broker Marsh JLT Specialty’s Political Risk Map 2020, all 197 countries rated for the …
A U.S. government program that compensates people who say they have been harmed by an emergency vaccine has paid out on fewer than 10% of claims, raising questions whether the process should be used to address any potential side effects …
The Trump administration’s efforts to require airlines to collect contact tracing information from U.S.-bound international passengers has stalled, five people briefed on the matter told Reuters on Friday, adding such a mandate is unlikely this year. Major airlines and administration …
The coronavirus pandemic has taken its toll, particularly on younger employees. Gen Z employees – those born starting in 1995 – were three times more likely than all other employees since the pandemic started to have sought professional help for …
A Brazilian court this week ordered JBS SA to impose a 1.5-meter (5-feet) distance between workers in the production line at its beef plant in Pontes e Lacerda to stop the spread of the novel coronavirus, prosecutors told Reuters on …
Medication costs for COVID-19 patients hospitalized in the United States have dropped sharply since May, reflecting advances in treatment, shorter stays and use of cheaper generic drugs. But costs may rise again as hospitals start to pay for Gilead Sciences …
Evidence shows that food is an unlikely route of transmitting the coronavirus across borders, but contaminated items continue to grab the spotlight, deepening the uncertainty over whether the $220 billion cold chain industry could be implicated in the spread of …
One in five workers at Brazil’s meat plants have been infected with coronavirus, according to union estimates. That would make the country home to one of the world’s worst workplace outbreaks. The estimate comes from Nelson Morelli, the president of …
