Masks are a crucial tool in the fight against COVID-19, but most of them are horribly designed (or alternatively, are just about the looks): they’re stuffy, they cause maskne, they fog up your glasses, they’re too big—or too small. Now the Department of Health and Human Services and the Centers for Disease Control and Prevention… Continue reading The CDC Will Pay You $500K to Design a Better Mask
Tag: Covid-19
AM Best Maintains U.S. Commercial Lines Insurance Outlook at Negative
AM Best has maintained a market segment outlook of negative on the U.S. commercial lines industry for 2021, citing the uncertainty regarding the impact of COVID-19 and its economic fallout, along with the re-emergence of social inflation as courts reopen, as well as other factors that were adversely impacting the segment prior to the pandemic.… Continue reading AM Best Maintains U.S. Commercial Lines Insurance Outlook at Negative
Moderna’s Covid-19 Vaccine Is 94.5% Effective in Early Results, Firm Says
Moderna Inc. said its experimental coronavirus vaccine was 94.5% effective at protecting people from Covid-19 in an early look at pivotal study results, the second vaccine to hit a key milestone in U.S. testing. Ninety-five people in the study developed Covid-19 with symptoms; of those, 90 had received a placebo and only five Moderna’s vaccine.… Continue reading Moderna’s Covid-19 Vaccine Is 94.5% Effective in Early Results, Firm Says
COVID-19 Outbreaks Spell Trouble for Student-Housing Owners
A wave of Covid-19 outbreaks at universities is adding to the challenges facing the student-housing sector. In August, a number of major universities said they were moving to remote learning after the first days of classes led to a spike of infections in and around campus. That is bad news for the investment firms that… Continue reading COVID-19 Outbreaks Spell Trouble for Student-Housing Owners
Have A Safe Labor Day Weekend
This Labor Day is unsual with the pandemic and restrictive practices involving social distancing and face coverings. Be sure to continue to protect you and your loved ones. Travel and gather safely. We’ll be closed on Monday, September 7, and will return with the news on Tuesday.
AIA’s New Business Drops 37% in First-Half as Pandemic Hits Sales in Hong Kong & China
Hong Kong-based insurer AIA Group Ltd on Thursday reported a 37% fall in new business for the first half of the year, as the COVID-19 pandemic dented sales of its insurance products in its main markets of Hong Kong and China. The company’s new business value, which measures expected profits from new premiums and is… Continue reading AIA’s New Business Drops 37% in First-Half as Pandemic Hits Sales in Hong Kong & China
Brokers May Face a COVID-19 BI Wordings E&O Storm from Two Sides
Brokers face a risk of coming under fire from two sides as the litigation and complaints over pandemic related business interruption from Covid-19 spread, with the potential for intermediaries to find themselves in the middle of an E&O storm. With carriers stating that pandemic related business interruption was never envisaged to be covered under many… Continue reading Brokers May Face a COVID-19 BI Wordings E&O Storm from Two Sides
Lloyd’s: COVID-19 Brings Intangible Assets into Full Focus
Intangible assets are an increasing proportion of companies’ balance sheets, already accounting for as much as 85% of the total business value across industries according to estimates. With the acceleration of digital business models, amplified by COVID-19, this value could now increase much further, becoming a major blind-spot for firms not factoring intangible assets into… Continue reading Lloyd’s: COVID-19 Brings Intangible Assets into Full Focus
The Airport of the Future Will Change for the Better in the Wake of COVID
Navigating the Roman circus of obstacles known as an international airport is likely the one thing travelers aren’t missing during the Covid-19 crisis. Now that forecasts predict tourism won’t fully recover until 2023, these transit centers are getting a rare, low-traffic chance to make many of the changes flyers have long wanted—along with upgrades they… Continue reading The Airport of the Future Will Change for the Better in the Wake of COVID
More Farmers Declare Bankruptcy as Pandemic Exacerbates Already Strained Agricultural Economy
More U.S. farmers are filing for bankruptcy, as federal payments projected to reach record levels this year fall short of compensating for the coronavirus pandemic and a yearslong slump in the agricultural economy. About 580 farmers filed for chapter 12 bankruptcy protection in the 12-month period ended June 30, according to federal data. That was… Continue reading More Farmers Declare Bankruptcy as Pandemic Exacerbates Already Strained Agricultural Economy