Special Coverage: COVID-19

Inflation and Insurance Replacement Costs

Posted: May 24, 2023

Inflation and Insurance Replacement Costs From Our Partners sradomski Wed, 05/24/2023 - 16:02 Key insights into the relationship between inflation and insurance replacement costs as basis for P&C / Non-Life capital allocation line performance, a...

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An Interview with Michel Leonard

Posted: May 17, 2023

An Interview with Michel Leonard Risk Management sradomski Wed, 05/17/2023 - 15:51 Engaging Insights with Dr. Michel Leonard: A Quarterly Interview with the Chief Economist at Triple-I. May 17, 2023...

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What Now for Inflation?

Posted: May 17, 2023

What Now for Inflation? Risk Management sradomski Wed, 05/17/2023 - 15:51 In our quarterly interview with Michel Leonard, the chief economist at the Insurance Information Institute, he explains what's driving inflation.  May 1...

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Broadway Theaters, Insurer Agree to End COVID-19 Business Loss Claims

Posted: May 16, 2023

An owner of Broadway theaters and Pacific Indemnity Insurance Co. have voluntarily agreed to end their remaining litigation over COVID-19 coverage claims. Under the stipulation filed May 11, each party will bear its own attorneys’ fees and other costs. The …

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The Flaws in Employer-Sponsored Health Insurance

Posted: May 15, 2023

The Flaws in Employer-Sponsored Health Insurance Life & Health ClareCarroll1 Mon, 05/15/2023 - 23:56 More employers are shifting toward custom health plan solutions to reduce costs while improving benefits for employees. May 2...

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New Hampshire High Court Rejects Cat Urine Analogy in Overturning Hotels’ COVID Insurance Win

Posted: May 15, 2023

The New Hampshire Supreme Court has overturned a trial court that had found for a group of 23 hotels claiming they were entitled to insurance payments for business interruption losses caused by contamination of their properties by COVID-19. Agreeing with …

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Illinois Governor Signs Law Giving Benefits to Chicago First Responders Disabled by COVID

Posted: May 12, 2023

Gov. J.B. Pritzker this week signed a law providing full disability benefits to Chicago police officers and firefighters struck by COVID-19 before vaccines were available, presiding over an emotional statehouse ceremony which marked the end of a financial struggle for …

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An Interview with Adam Chadroff

Posted: May 11, 2023

An Interview with Adam Chadroff Agent & Broker sradomski Thu, 05/11/2023 - 09:52 ITL Editor-in-Chief Paul Carroll sat down with Adam Chadroff, Investor at Equal Ventures, to discuss the future of insurance distribution.  May 1...

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Creditworthiness of African institutions likely to be pressured throughout 2023: AM Best

Posted: May 10, 2023

According to a new report from AM Best, reinsurers operating in Africa and other emerging markets are exposed to heightened levels of economic, political and financial system risks, and within recent years these risks have been “exacerbated” by external shocks, such as the Russia-Ukraine conflict an...

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Credit worthiness of African institutions likely to be pressured throughout 2023: AM Best

Posted: May 10, 2023

According to a new report from AM Best, reinsurers operating in Africa and other emerging markets are exposed to heightened levels of economic, political and financial system risks, and within recent years these risks have been “exacerbated” by external shocks, such as the Russia-Ukraine conflict an...

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5 Things the Navy Seals Taught Me

Posted: May 08, 2023

5 Things the Navy Seals Taught Me Leadership ClareCarroll1 Mon, 05/08/2023 - 23:11 A "light" boot camp provided a small insight into what our servicemen and women go through -- and the importance of teamwork in business. May 1...

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The Journey to Sustainable Aviation

Posted: May 08, 2023

The Journey to Sustainable Aviation Resilience & Sustainability ClareCarroll1 Mon, 05/08/2023 - 23:04 Airlines are experimenting with a host of sustainable fuels, electric aircraft, hybrid electric/fuel planes and new operating techniques....

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WHO: COVID-19 No Longer a Global Health Emergency

Posted: May 05, 2023

WHO: COVID-19 No Longer a Global Health Emergency COVID-19 no longer represents a global health emergency, the World Health Organization said on Friday, a major step towards the end of the pandemic that has killed more than 6.9 million people, ...

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How new regulations affect the re/insurance market will be a big theme going forwards: Spring’s Thomas

Posted: May 04, 2023

In the past few years, governments, and businesses all over the world have been preoccupied with the Covid-19 pandemic and its aftermath, which likely put a number of regulatory/legal changes on hold. As these new regulations now start to come into effect, the re/insurance industry will slowly start...

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Court Upholds Denial of Widow’s COVID-19 Workers’ Compensation Death Claim

Posted: May 02, 2023

The widow of a man who died from COVID-19 has been denied workers’ compensation benefits because she failed to prove that the death was work-related. The Appellate Division of the Supreme Court of New York on May 1 upheld the …

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Virginia Workers’ Compensation Review Panel Clarifies COVID-19 Presumption

Posted: May 02, 2023

Virginia’s statutory presumption that a COVID-19 disability of a first responder is work-related, which went into effect July 1, 2020, does not require that the employee be diagnosed with COVID-19 on or after that date, a state review panel has …

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Court Reinstates Criminal Charges Against Veterans’ Home Officials Over COVID Policies

Posted: May 01, 2023

Massachusetts’ highest court overruled a lower court judge Thursday and reinstated criminal neglect charges against two top former officials at a veterans’ home. Nearly 80 veterans died at the Veterans’ Home in Holyoke after contracting the coronavirus in one of …

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