coronavirus pandemic News

Chubb CEO Warns Retroactive Measures Would ‘Bankrupt’ Industry

Chubb Ltd. Chief Executive Officer Evan Greenberg has a stark warning for policy makers pushing insurers to pay out some uncovered business-interruption losses. “The insurance industry is a fundamental part of the economic plumbing of this country,” Greenberg said in …

U.S. Backs Contentious Meat-Plant Change With Supply at Risk

As American meat producers are forced to shutter and slow output at plants amid coronavirus outbreaks, the U.S. government is giving companies a green light to run some facilities at higher speeds — something experts and labor advocates have long …

Railroads Push Against Oil Industry Demands for Storage in Rail Cars

NEW YORK — Railroads are clamping down on rising demand from oil companies to store crude in rail cars due to safety concerns, sources said, even as the number of places available to stockpile oil is rapidly dwindling. Oil demand …