As coronavirus cases exploded across the world, federal medical workers tasked with screening incoming passengers at U.S. airports grew alarmed: Many were working without the most effective masks to protect them from getting sick themselves. Screeners with the U.S. Centers for Disease Control and Prevention asked their supervisors this week to change official protocols and… Continue reading U.S. Airport Screeners, Health Workers Plagued by Fear and Anger as Coronavirus Spreads
Tag: coronavirus
Coronavirus: Maximizing Insurance Coverage for Event Cancellation Losses
Over the past several weeks, the COVID-19 coronavirus outbreak has shaken global markets and caused widespread disruption to businesses throughout the world. As the virus continues to spread around the globe, many companies are faced with the difficult decision of whether to cancel large events due to public health concerns and the threat of travel… Continue reading Coronavirus: Maximizing Insurance Coverage for Event Cancellation Losses
Mask Manufacturers Seek Liability Protections
Demand for N95 face masks — the kind that keeps out at least 95% of particles — is surging amid more U.S. coronavirus cases. But some mask manufacturers worry they could be held liable if someone gets sick anyway. The companies have been seeking for years to get Congress to pass legislation giving them immunity… Continue reading Mask Manufacturers Seek Liability Protections
Coronavirus Will Cost Businesses Billions: Will Insurance Help?
Two years ago Munich Re, the reinsurance giant, tried to start underwriting a new kind of insurance — one that would make a company whole if its business tanked in an epidemic. For months, there were no takers. Then came the coronavirus outbreak. “Now, quite honestly, we probably have a six-month backlog in getting quotes… Continue reading Coronavirus Will Cost Businesses Billions: Will Insurance Help?
IATA: Coronavirus Impact on Airlines Could Reach $113 Billion
The International Air Transport Association now predicts the coronavirus will cause a much bigger loss in revenues for commercial airlines this year. IATA expects total revenue losses between $63 billion and $113 billion depending on the spread of the virus. The losses are much larger than the $30 billion estimated two weeks ago when the… Continue reading IATA: Coronavirus Impact on Airlines Could Reach $113 Billion
InsureMyTrip Launches Coronavirus Awareness Program for Travelers
In response to a growing concern from travelers over the impact of the coronavirus, InsureMyTrip has launched several educational resources to help travelers better understand their options for travel insurance and stay up-to-date on the latest travel safety information. Travelers can access that information on the Travel Insurance and Coronavirus resource hub. Summary: InsureMyTrip reports… Continue reading InsureMyTrip Launches Coronavirus Awareness Program for Travelers
Gig Workers Face the Spread of the New Coronavirus with No Safety Net
Some workers here who provide on-demand rides and delivery services, but are independent contractors without many protections, are bracing for the spread of the novel coronavirus. Drivers have been scrubbing down their cars “inch by inch” between rides at local airport parking lots, according to Edan Alva, who drives full-time for Lyft in the Bay… Continue reading Gig Workers Face the Spread of the New Coronavirus with No Safety Net
The Challenge of Getting Travel Insurance Protection for Coronavirus Cancellations
If you buy standard travel insurance, you’re still covered for unforeseen events that are not linked to the novel coronavirus known as COVID19. Standard travel insurance covers one or more of the following: travel delays, missed connections, trip cancellation or interruption, medical emergencies, and medical evacuation, depending on what you buy. But with coronavirus as… Continue reading The Challenge of Getting Travel Insurance Protection for Coronavirus Cancellations
Big Drugmakers Warn About Coronavirus Impact on Business
Some of the world’s biggest drugmakers have begun warning that their businesses could be affected by the spread of the coronavirus. AstraZeneca PLC, Merck & Co. and Pfizer Inc. are among the companies that said recently the epidemic could affect supplies for certain drugs or sales, depending on how long the epidemic lasts. To get… Continue reading Big Drugmakers Warn About Coronavirus Impact on Business
AIR Worldwide Uses Pandemic Model for Hypothetical Scenarios
An evaluation of potential coronavirus cases globally has been published by AIR Worldwide using its pandemic model to run hypothetical scenarios. The scenarios simulated the spread of disease based on the latest reported number of cases in the countries outside China with the highest number of cases, including South Korea, Italy and Iran. An evaluation… Continue reading AIR Worldwide Uses Pandemic Model for Hypothetical Scenarios