As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the novel coronavirus is giving them an odd financial break. Many companies that were damaged or evacuated because of natural catastrophes …
While few, if any, organizations saw the coronavirus pandemic and all of its death and disruption coming, some were better positioned to deal with it than others. According to risk expert Jim Wetekamp, some organizations were better prepared to respond …
OMAHA, Neb. — Tyson Foods is planning to open medical clinics at several of its U.S. plants to improve the health of its workers and better protect them from the coronavirus. The Springdale, Arkansas-based company, which processes about 20% of …
HONOLULU — All Hawaii airports receiving flights from outside the state are now operating thermal cameras to screen travelers for symptoms of the coronavirus. Travelers are subject to body temperature screening by the thermal cameras as part of the state’s …
RAPID CITY, S.D. — The FBI is investigating a data breach that may have compromised the identity of people with the COVID-19 virus in South Dakota. Paul Niedringhaus, who directs the South Dakota Fusion Center that handles emergency calls, sent …
A federal safety inspector tipped off a coronavirus-tainted Pennsylvania meatpacking plant before visiting the next day — then failed to issue a citation, according to testimony in a lawsuit accusing the agency of failing to do its job. The inspector …
Duck Creek Technologies Inc, a software company that serves the property and casualty (P&C) insurance market, on Wednesday raised the price range for its initial public offering (IPO) and expects to raise about $375 million. Boston-based Duck Creek, which is …
As employees return to work after the COVID-19 crisis has subsided, insurers and employers will likely experience a surge in claims related to the virus. Analysts expect coverages for workers compensation, employer liability, and business interruption to be especially hard …
The insurance industry has notched another victory in its defense of its commercial insurance policies against claims for business interruption due to the coronavirus. In a case brought by the owner of several restaurants against its insurer over business interruption …
CARSON CITY, Nev. — Nevada lawmakers voted to shield certain industries from coronavirus-related legal liability and require hotels and casinos to enact worker protection measures after days of complicated negotiations with Gov. Steve Sisolak’s office and the state’s most powerful …