COVID-19 Monitor

Last Updated:October 15, 2020

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Companies Hit by Covid-19 Want Insurance Payouts. Insurers Say No. (WSJ) Published on: June 30, 2020 | Category: Economic Impact, Global Response

A cavalcade of restaurateurs, retailers and others hurt by pandemic shutdowns have sued to force their insurers to cover billions in business losses.
But insurance companies have largely refused to pay claims under this coverage, citing a standard requirement for physical damage.
More than half of property policies in force today specifically exclude viruses. The firms filing the lawsuits mostly hold policies without that exclusion.

The radical technologies to keep offices clear of coronavirus (FT) Published on: June 30, 2020 | Category: Global Response

The big challenges posed by the virus indoors are the collection of particles on surfaces and the flow of air between individuals.
NitroPep’s spikes are tiny antimicrobial agents that can be added to desks, walls and other surfaces and rupture anything with a membrane that lands on them.
Coronavirus has even turbocharged demand for UV disinfecting robots. Danish company UVD Robots was the first company to invent these machines, which travel around buildings emitting UV light that leaves bacteria and viruses too damaged to function.

If and when there is a COVID-19 vaccine, will people actually get it? (Poynter) Published on: June 30, 2020 | Category: Global Response

Think it is hard to get people to wear a mask? Wait until health workers try to vaccinate the entire population.
A recent survey conducted by the Pew Research Center found that if a COVID-19 vaccine were available today and proven effective, only 54% of Black adults would be willing to get it, compared to 74% of white adults.
For one thing, health insurance companies could tell their customers that they have to get vaccinated if they want coverage when they get sick.
A plurality of U.S. adults (38%) say they now find it harder to identify “what is true and what is false about the outbreak,” while three-in-ten say they are finding this easier to do. Another 31% say the difficulty of parsing truth from fiction has not changed.

Survey: Americans trust CDC most, Trump least for information about COVID-19 (The Hill) Published on: June 30, 2020 | Category: Global Response

The majority of respondents to the survey, 64 per cent, said the CDC and other public health organizations get the facts right almost or most of the time regarding COVID-19.
Pew’s survey found that 50 per cent of Americans said the same about their “local news media” and 44 per cent said so about “the news media in general.”
The White House task force held its first coronavirus briefings since May on Friday, amid spikes across the country, largely in the South and the West.

Choosing the right path to unlock the economy (McKinsey) Published on: June 30, 2020 | Category: Economic Impact, Global Response

How should governments approach the different possible paths to reopening their economies? And what is needed to spur businesses and consumers to start spending again?
Flattening the infection curve as fast as possible and ensuring hospital capacity, treatment and testing were the imperatives to safeguard our lives.
The expansion of treatment capacity has been impressive; we can think back to when Wuhan managed to build a hospital in two weeks, and no one in Europe or the US believed it would be possible there—but it was.

The Video Call Is Starting. Time to Put on Your Zoom Shirt. (NY Times) Published on: June 29, 2020 | Category: Global Response

If you ask, people who have managed to stay employed during the pandemic will confess to owning a Zoom Shirt: a top, typically kept on the back of the computer chair or a hanger nearby, that they pop on in the moments before their webcam lights up.
Maria Rugolo, an apparel industry analyst for the NPD Group, said her company had run a poll showing that only 10 per cent of people get dressed for working at home at the start of the day and change into “comfortable clothes” later.
Ironically, a garment that rarely leaves a single room needs the same qualities as a travel shirt: durable, easy to store, able to front in a variety of social settings. It also must come on and off in a flash.

Lufthansa to link Covid-19 tests with tickets in effort to avoid quarantine (FT) Published on: June 29, 2020 | Category: Global Response

Lufthansa is to offer passengers Covid-19 tests at Frankfurt airport that provide results within hours and can be linked to individual tickets in an effort to allow travellers to avoid quarantine.
The introduction of mandatory quarantines in several countries, including the UK, for international visitors, has hit airlines attempting to increase their long-haul flights in the wake of the coronavirus pandemic.
Research carried out for the airline trade association Iata found that more than 80 per cent of travellers were concerned about being forced to quarantine at their destination, or upon their return to their home countries.

‘Kat’ Returns to the Office. Her Employer Is Watching Her Closely. (WSJ) Published on: June 29, 2020 | Category: Global Response

Follow a day in the life of a fictional U.S. office worker coming back after working remotely during the first wave of the coronavirus pandemic.
A thermal camera in her building’s lobby again checks her temperature, while her Bluetooth ID badge notifies a nearby sensor that she has arrived.
Bluetooth and Wi-Fi signals from her smartphone log the amount of time she spends at least six feet away from colleagues, factoring that into a score.

What factors are impacting Canadians’ mental health during pandemic? (Benefits Canada) Published on: June 29, 2020 | Category: Canadian Business, Global Response

Employment status, income level and helpful coping strategies are key factors impacting how Canadians feel about their mental health, according to a new survey by the Mental Health Commission of Canada and the Conference Board of Canada.
The factors with the biggest changes in concern levels were family well-being (24 per cent), respondents’ personal future (23 per cent), experiencing isolation and loneliness (21 per cent) and feeling anxiousness or fear (21 per cent).
Of unemployed Canadians, those laid off due to the pandemic reported a 25 per cent change in their mental-health concern score, as did those who said they received government support.

Millennials stand out as being more cautious about their personal finances during COVID-19 (Equifax) Published on: June 29, 2020 | Category: Canadian Business, Economic Impact

Equifax data analytics confirms that, with reduced opportunity for discretionary spending, younger adults have seen a higher rate of decline in credit card balances since January at 16 per cent as compared to under 12.6 per cent for those adults 35 and older.
After examining the consumer confidence data and survey research, Kelly Peters, CEO & Co-Founder of BEworks, suggests that younger adults in particular are less susceptible to the scarcity mindset driving other consumers.
By proactively leveraging behavioural insights, financial Institutions can take advantage of the unique times we are living in and help consumers make a fresh start in the post-pandemic world.
Looking across all age groups, understandably survey respondents are most concerned for their own financial situation, but there’s also a good measure of concern for their friends, country and family dealing with the pandemic that has gripped the world.

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