pandemic News
How Parametric Triggers Can Allow Insurers to Cover Pandemic Business Interruptions
The COVID-19 pandemic has caused severe levels of disruption to economies around the world and has affected businesses of all sizes—and the insurance industry has been caught in the middle of the ...
COVID-19 Pandemic May Worsen Antibiotic Resistance Epidemic: Risk Alerts
Health care providers may be overprescribing antibiotics in an effort to ward off infections in COVID patients confined to the hospital for prolonged periods of time. The pandemic is increasing ...
Business Leaders Overestimated Their Digital Readiness to Adapt to the Pandemic
Most business leaders overestimated the state of their digital transformation (DX) efforts, hindering their ability to adapt to the pandemic, reveals a new survey from software company Pegasystems ...
Chubb Unveils Public-Private Program for Pandemic Biz Interruption
Chubb unveiled a proposal for the insurance industry and federal government to partner on covering future pandemic-related business interruptions—and to get money to small businesses ...
Managing a Pandemic: Are There Lessons From Catastrophe Modeling?
COVID-19 isn't the first and won't be the last pandemic to threaten the well-being of the global population, but it will likely turn out to be the worst in the last 100 years. It would be hard to ...
Exclusive: How P/C Insurance Pros Are Faring Working From Home During Pandemic
According to Dorothy in "The Wizard of Oz," there's no place like home. For many in the property/casualty insurance industry, home is where their job has been during the pandemic. While millions of ...
Hiscox, RSA, Other Carriers Will Join UK Pandemic Cover Test Case
Insurers including Hiscox , RSA and QBE will take part in a UK test case to decide whether their policies should pay out millions of pounds to companies hit by the coronavirus pandemic, the industry ...
Hurricanes and Coronavirus ‘Not a Good Mix,’ KCC Warns
"Hurricanes and COVID-19 are not a good mix," says catastrophe modeling firm Karen Clark & Co. in a new Event Brief, warning that the pandemic will make what forecasters already predict to be an ...