coronavirus pandemic News
GOP Supports Limiting Virus Liability Claims Against Businesses, Schools, Caregivers
Senate Majority Leader Mitch McConnell wants to give federal courts jurisdiction over liability claims arising from coronavirus infections to limit the legal exposure of businesses, schools and other ...
COVID-19 Cruise Lawsuits Dismissed as Judge Warns of ‘Trivial Cases’
A federal judge dismissed lawsuits by Grand Princess cruise ship passengers who sued for emotional distress caused by their fear of exposure to COVID-19, saying that allowing their cases to proceed ...
Rather Than Gamble, ITC Shifts From Vegas to the Digital World
A surge in COVID-19 cases is forcing InsureTech Connect – one of the world's largest insurance technology conferences – to go fully digital for its annual fall gathering. ITC has scheduled ITC ...
COVID-19 Could Threaten Shipping Safety Even as Losses Are at Record Lows: Allianz
Large shipping losses dropped by 20 percent last year, in a continuation of decade-long trend when losses declined by almost 70 percent, according to a report published by Allianz Global Corporate ...
Pandemic Shifts Insurer Interest Toward Safer Warehouse Investments
Global insurers want to increase investments in commercial warehouses as their stakes in office space become riskier because of employees working remotely during the novel coronavirus pandemic, ...
Americans Ignore Work-From-Home Cyber Attack Risks: Chubb Survey
A large number of Americans working from home due to the coronavirus pandemic aren't worried about cyber attacks even though they're at greater risk compared to working in the office, Chubb found in ...
Arch Capital Pretax Cat Losses Could Hit $225M, Driven by COVID-19 Claims
Arch Capital Group Ltd. has estimated a range of pretax catastrophe losses of $205 million to $225 million in the second quarter of 2020 across its property/casualty insurance and reinsurance ...
Travelers Cautions Q2 Pretax Cat Losses Will Hit $854M
The Travelers Companies Inc. has become the latest P/C carrier to report sizable catastrophe losses for the 2020 second quarter. Estimated pretax catastrophe losses for Q2 reached $854 million, or ...