In recent weeks, employees at sites as diverse as Amazon warehouses, meat-processing plants and emergency rooms have raised the alarm over unsafe conditions posed by the new coronavirus. Workplace infections have been soaring, while protective gear has been in chronically …
Lloyd’s of London revealed it will pay claims in the range of $3 billion to $4.3 billion as a result of the COVID-19 pandemic. This payout is on a par with the Sept. 11 terrorist attacks, which cost the Lloyd’s …
The UK Treasury announced it is creating a government-backed temporary reinsurance scheme so businesses can continue to access trade credit insurance during the COVID-19 crisis. The scheme will be delivered through a reinsurance agreement with trade credit insurers currently operating …
Officials in the U.S. have undermined hopes of a successful economic reopening because they’ve garbled public messaging, never clearly explaining why strict lockdowns were imposed in the first place. They’ve failed to communicate what the lockdowns are achieving for us, …
Before the coronavirus outbreak, Saundra Andringa-Meuer was a healthy 61-year-old mother of six who never smoked or drank alcohol. Then she became seriously ill with the disease after traveling from her Wisconsin home to help her son move from college …
While insurance rates have risen for nine consecutive quarters due to large catastrophe losses and accelerating claims inflation, Fitch Ratings expects that technical profits won’t be seen until the second half of 2021 as a result of the effects of …
New York state on Sunday announced new coronavirus-safety measures to better protect nursing home residents, who are highly vulnerable to the respiratory illness and account for a large share of the nearly 80,000 Americans who have died from it. The …
Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 28%, or nearly 20,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according to a recent report by …
Faced with 20,000 coronavirus deaths and counting, the nation’s nursing homes are pushing back against a potential flood of lawsuits with a sweeping lobbying effort to get states to grant them emergency protection from claims of inadequate care. At least …
The White House shelved a step-by-step guide prepared by U.S. health officials to help states safely reopen mass transit, restaurants, daycare centers and other public places closed by the coronavirus pandemic, an administration official said on Thursday. The 17-page document …
