Businesses have faced an uphill battle in getting carriers to pay out on one of the most significant ever: pandemic shutdowns.
Tag: COVID
Business Insurance Battle for Covid Losses Shifts to State High Courts
Battle for Covid-related business interruption claims shifts to the state supreme courts.
CDC Says American Life Expectancy Decreased to 76.1 Years as COVID, Overdoses Increase Mortality Rate
According to preliminary data, life expectancy in the United States fell for the second year in a row in 2021 as Covid-19 and overdoses increased mortality rates. According to data released Wednesday by the Centers for Disease Control and Prevention, Americans’ life expectancy fell 0.9 year on average last year, to 76.1 years. It was… Continue reading CDC Says American Life Expectancy Decreased to 76.1 Years as COVID, Overdoses Increase Mortality Rate
House Set to Approve COVID-19 Relief Bill
The House was set to pass a $1.9 trillion coronavirus relief package Wednesday and send it to President Biden for his signature, as Democrats prepared to push through new payments to households and other aid measures without any Republican support. The relief bill pairs new funds for public-health measures with another dose of economic aid,… Continue reading House Set to Approve COVID-19 Relief Bill
Major Risks of Our Time: Pandemics, Climate Change, Cyber
The coronavirus pandemic has shown the world how vulnerable it is to very large risks. Trillions in financial losses ought to be a wake-up call for economies to better equip themselves for extreme risks of this nature. We therefore must not lose sight of major threat scenarios such as cyber and climate change because their… Continue reading Major Risks of Our Time: Pandemics, Climate Change, Cyber