coronavirus pandemic News
Lloyd’s of London Brokers Could Trade Pinstripes for Pajamas After Pandemic
When the pandemic is over, the brokers of Lloyd's of London could haggle with underwriters from home in their underpants, and ditch their pinstripes at the office. A trade body representing brokers ...
AIG Debuts Lodging Cover for International Travelers Stuck With Positive COVID Tests
American International Group's travel insurance unit has started marking lodging coverage for travelers prevented from boarding a commercial flight to the U.S. after receiving a positive COVID-19 ...
U.S. COVID Herd Immunity Is Possible by Mid-Summer: Oliver Wyman
The U.S. will reach herd immunity threshold when more than 71% of the U.S. population has been exposed to COVID or effectively vaccinated against it, most likely by mid-summer, says a management ...
Some States Continue Mulling Mandatory Business Interruption Cover
Since about a year ago when their business constituents began complaining that their insurance companies were telling them their policies do not cover their losses from the pandemic, lawmakers in a ...
Generali Hit by Coronavirus Costs, but Upbeat About 2021
Generali is confident it can hit its targets this year after Italy's biggest insurer overcame a negative impact from the coronavirus crisis in 2020 to deliver a record operating profit. Operating ...
Essential Workers Worry About Safety, Jobs as States Ease Mask Rules
Leo Carney worries that bigger crowds and mask-less diners could endanger workers at the Biloxi, Mississippi, seafood restaurant where he manages the kitchen. Maribel Cornejo, who earns $9.85 an hour ...
Vacation Trend: COVID-19 Travel Insurance Becoming a Staple
COVID-19 insurance policies are increasingly joining passports and sunscreen as vacation staples, creating opportunities for insurers as more countries require mandatory coverage in case visitors ...
GEICO Suit Claiming It Overcharged on Auto Insurance During Pandemic Moves Forward
The auto insurer GEICO Corp, a unit of Warren Buffett's Berkshire Hathaway Inc, must face a proposed class action claiming it overcharged policyholders as the coronavirus pandemic led to less driving ...