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Global life insurers impose restrictions, worried about long-term pandemic risks


Global life insurers impose restrictions, worried about long-term pandemic risks
Jan. 28
05:44 am JST
Feb. 25 | 12:39 am JST
LONDON/WASHINGTON
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Global life insurers impose restrictions, worried about long-term pandemic risks


Global life insurers impose restrictions, worried about long-term pandemic risks
By Suzanne Barlyn, Carolyn Cohn and Noor Zainab Hussain
FILE PHOTO: Medical workers bring a patient out of an ambulance, amid the spread of the coronavirus disease (COVID-19) pandemic, outside Royal London Hospital, in London
(Reuters) – Global life insurers are taking steps to curb payouts stemming from the coronavirus pandemic, including long-term health consequences that are not fully understood, industry sources told Reuters.
Life insurers, including Prudential Financial Inc, and Aviva PLC, are now imposing waiting periods before COVID-19 patients, including those who have recovered, can apply for coverage, executives and spokespeople said. Some are also limiting coverage for certain age groups. ....

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Boston firefighters battle 2-alarm fire near Packard's Corner


Wicked Local
A two-alarm fire broke out in a three-story apartment building in Packard s Corner on the Allston line Monday evening, Dec. 28, displacing about 30 Brookline residents and filling the sky with black smoke.
The Brookline and Boston fire departments responded to the multi-unit apartment building at 16 Hamilton Road shortly after 4 p.m., according to Brookline Fire Department Chief of Operations Keith Flaherty.
There, the firefighters found heavy fire conditions on the building s third floor and quickly worked to put out the fire, which extended from the right side of the building to the center, where there was a firewall, according to Flaherty. ....

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