By Lauren Weber Rural hospitals may not be able to keep their doors open as the coronavirus pandemic saps their cash, their CEOs warn, just as communities most need them. As the coronavirus sweeps across the United States, all hospitals…
The coronavirus is disrupting events, airlines, and more—and insurance likely won’t be much help for the interruptions. Standard business-interruption policies, which pay cash to make up for lost revenue when a business has to halt operations unexpectedly, exclude epidemics and…
With loss costs mounting, insurers will continue to increase prices to cover new risk exposures for directors and officers liability (D&O insurance), according to a recent AM Best report. Insurers have been speaking out about increased claims due to more lawsuits…
Once riddled with typos written by non-native English speakers, email scams were once awkward cash grabs, but that is no longer the case, federal officials say. Email scams have become sophisticated frauds costing individuals and American businesses billions of dollars…
Scammers are using the coronavirus outbreak as a means of conducting phishing attacks to spread a different kind of virus — malware. Criminals often use current events to make their scams more timely. Cybersecurity companies have identified several malicious campaigns looking to…
