World’s Insurers Face $203 Billion Losses From Coronavirus May 14, 2020 By Benjamin Robertson Lloyd’s of London, the world’s largest insurance exchange, estimates the industry will suffer around $203 billion in losses from the...
Workplace Worries Mount as US Tracks New COVID-19 Cases May 13, 2020 By David Crary NEW YORK — Even as President Donald Trump urges getting people back to work and reopening the economy, thousands of...
Virus Unleashes Wave of Fraud in US Amid Fear and Scarcity May 13, 2020 By Ben Fox and Alan Suderman WASHINGTON — A 39-year-old former investment manager in Georgia was already facing federal charges that he robbed hundreds of retirees...
In Midst of Pandemic, Resorts Prepare For Summer Guests May 12, 2020 By Sarah Kocher RICHMOND, Minn. — Families are waiting to see what their summer vacations will look like in the midst of a...
Infections Near U.S. Meat Plants Rise at Twice National Rate May 12, 2020 By Mike Dorning, Dominic Carey and Dave Merrill The coronavirus spread at more than twice the national rate in U.S. counties with major meatpacking plants in the first...
Meat Giant Sued for Worker’s Covid-19 Death in Philadelphia May 12, 2020 By Millie Munshi The family of a beef plant worker who died because of the coronavirus has brought a wrongful death lawsuit in...
EU Insurance Watchdog Says State Has Role in Pandemic Business Cover May 11, 2020 By Huw Jones LONDON — National governments must help provide insurance cover for future lockdowns, the industry’s European Union regulator said on Monday,...
Work Comp May Need Backstop as Presumptions Push Claim Costs into Billions May 11, 2020 By Jim Sams An executive order by California Gov. Gavin Newsom last week is the most aggressive yet among the directives issued by...
Global Insurance Regulators Say Forced Pandemic Payouts Risk Financial Instability May 7, 2020 By Huw Jones and Carolyn Cohn LONDON — Forcing retroactive payouts to cover business disruption losses resulting from the coronavirus pandemic could ultimately put financial stability...
Munich Re Expects $1 Billion Bill For Coronavirus Claims May 7, 2020 FRANKFURT — Munich Re said on Thursday it expected to receive claims for canceled or postponed events because of the...