The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the global economy, the work place and the spread of the virus.
— Allstate is sending shelter-in-place paybacks to customers, with most getting checks for 15% of their monthly premium in April and May. Auto and home owners customers with financial difficulties can delay two consecutive premium payments. Some will be allowed to pay what they can afford. The insurer is sending out $600 million to customers, according to a regulatory filing.
— JPMorgan Chase has done away with […]
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