Covid-19 News

COVID-19 Vaccination Rates of Seafarers a Threat to Marine Insurers

COVID-19 once again poses an intensifying threat to supply chain resilience. Marine reinsurers and insurers, in particular, should stay vigilant as to the potential implications for the risk environment. Low rates of vaccination, the continued problem of crews stranded at …

Global Supply Chains Buckle as Virus Variant and Disasters Strike

LONDON/BEIJING — A new worldwide wave of COVID-19. Natural disasters in China and Germany. A cyber attack targeting key South African ports. Events have conspired to drive global supply chains towards breaking point, threatening the fragile flow of raw materials, …

Ruling May Portend Bitter End for COVID Business Interruption Claimants

A federal appellate court ruling that dismissed a dental practice’s COVID-19 business interruption claim might be the beginning of the end for policyholder arguments that income lost because of government shutdowns should be recovered through commercial property insurance policies. The …

Viewpoint: A Resurgence in Catastrophes and COVID-19 Clash

Hurricane season has arrived. Although we’re still ahead of the historical September peak, PCS has already recorded two tropical events making landfall in the United States and notes outside forecasts of another busy year. Further, hot and dry conditions in …

WCRI Study Shows No Treatment Delays Caused by COVID, but Some Care Avoided

COVID-19 did not delay medical treatment for workers’ compensation claimants, but did decrease the amount of emergency care and other services provided to injured workers, a study released Thursday by the Workers’ Compensation Institute concludes. Research by WCRI economist Olesya …

Cruise Line Sues to Lift Florida Ban on Requiring Vaccination Proof

Norwegian Cruise Line Holdings filed a lawsuit against Florida’s surgeon general on Tuesday July 13 over a state law that bans businesses from requiring proof of COVID-19 vaccination from customers. The cruise operator will continue to require full vaccinations for …

How Pandemic Effects on Supplies, Shipping Compound Wildfire States’ Insurance Woes

A perfect storm appears to brewing for homeowners and property insurers in the drought-plagued, wildfire-riddled U.S. West – and as odd as it may sound, the trouble may have begun with the pandemic. Property insurance rates and availability for homeowners …

Restaurants Ask N.C. Supreme Court to Bypass Appeals Court in COVID Win

A group of North Carolina restaurants and an industry group are asking the North Carolina Supreme Court to bypass the Court of Appeals and take up an insurer’s appeal of a trial court decision that found coverage was owed for …

Judge Rejects Spouse’s Wrongful Death Suit Against Airline Over Lax Covid Safety

Citing a concern over “opening the floodgates” to litigation, a federal judge has dismissed a flight attendant’s negligence lawsuit against her employer, Southwest Airlines, which she blamed for her husband’s death from Covid-19. The flight attendant, Carol Madden, claimed that …

N.H. Hotel Group Chalks Rare Win in Pandemic-Related Business Interruption Lawsuit

CONCORD, N.H. (AP) — A judge has ruled in favor of a group of hotels whose owners sued their insurance carriers over lost business during the coronavirus pandemic. Businessman Mark Stebbins of Schleicher & Stebbins Hotels, LLC, one of the …