vaccine liability News

Challenges Facing Healthcare Pros on COVID Vaccine Frontlines: Q&A with Aon Experts

Is the U.S. healthcare industry prepared to shoulder the massive responsibility of administering an estimated 300 million COVID-19 vaccinations? Healthcare professionals will face challenges, according to experts at insurance broker Aon. Most of those giving the shots will have experience …

COVID Vaccine Rollout Spurs Demand for Extra Insurance Coverage

LONDON – Speedy global delivery of COVID-19 vaccines by air and sea in ultra cold conditions will lead to a jump in cargo insurance rates and spur demand for new areas of coverage, leaving underwriters on high alert. Pharmaceutical companies …

Task of Tracking COVID-19 Vaccine Safety Falls to Multiple Federal Agencies

Monitoring Covid-19 vaccines for safety issues will fall to a group of U.S. health agencies that also will have a hand in their rollout, a potential hurdle in persuading skeptics to get the shots, say former government officials who helped …

Is the Aviation Insurance Market Ready for a COVID-19 Vaccine?

As the development, and possible mass production, of COVID-19 (C-19) vaccines gather speed, the transportation and logistics industry will need to turn its attention to how the product can be safely and efficiently distributed. Recent figures from the International Air …

WHO to Form COVID Insurance Scheme for Vaccine Side-Effects in Poor Nations

BRUSSELS – A vaccine scheme co-led by the World Health Organization is setting up a compensation fund for people in poor nations who might suffer any side-effects from COVID-19 vaccines, aiming to allay fears that could hamper a global rollout …

Mexico Government Could Absorb Some Liabilities Arising from COVID-19 Vaccine

Mexico’s government could absorb some liabilities arising from unexpected side effects of COVID-19 vaccines but is not considering creating a fund to do so, a top official said. As various vaccine candidates make their way through different stages of clinical …

Lack of Clarity on Liability Could Cause Delay with WHO Coronavirus Vaccine Drive

BRUSSELS – Who foots the bill if people in poor countries fall sick with unexpected side-effects from coronavirus vaccines? It’s not clear and that’s a big problem in the battle to beat COVID-19. The World Health Organization (WHO) has so …

Insurers Remain Unfazed by Risks of Clinical Trials for COVID-19 Vaccine

The world is racing towards a vaccine in record time, stirring public concerns about safety to the extent that nine leading developers have felt compelled to issue a pledge to uphold scientific standards and testing rigor. Yet, while more than …

Confident Russia Vows to Shoulder Some of the Legal Liability of Its COVID-19 Vaccine

Russia is so confident in its COVID-19 vaccine that it will shoulder some of the legal liability should anything go wrong, rather than requiring buyers to take on the full risk, the head of the state fund bankrolling the project …

COVID-19 Vaccine Makers Expect EU Liability Shield for Unexpected Side-Effects

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 …