Special Coverage: COVID-19
Posted: May 12, 2020
U.S. House Minority Whip Steve Scalise (R-Louisiana) answered questions from Bob Rusbuldt, Big “I” president & CEO, on a variety of subjects including how America can quickly recover from the coronavirus pandemic, reauthorizing the NFIP and the 2020 presidential election.
Posted: May 12, 2020
During the COVID-19 pandemic, P&C agents and brokers can find alternative sources of income in the life insurance market.
Posted: May 12, 2020
As insurers evaluate the costs associated with business interruption claims, the insured’s documentation will play a vital role.
Posted: May 12, 2020
The proposed legislation would require insurers to pay claims that standard property policies do not typically cover.
Posted: May 12, 2020
Commercial Insurance Rates Climb 14 Percent in Q1: Marsh Global average commercial insurance prices increased 14% in the first quarter of 2020 – but the rate hikes were not due to the COVID-19 pandemic, according to insurance broker Marsh in its ...
Posted: May 12, 2020
This is the latest in a series of innovations unveiled by AIG Life during the COVID-19 pandemic to help customers buy life insurance safely and manage their wellbeing
Posted: May 12, 2020
An executive order by California Gov. Gavin Newsom last week is the most aggressive yet among the directives issued by 13 states that require workers’ compensation insurers to pay at least some COVID-19 claims. Pressure is growing on workers’ compensation …
Posted: May 12, 2020
San Francisco-based children’s clothing boutique Mudpie Inc. has filed a class action lawsuit on behalf of California-based retail stores against an insurance provider, saying the small businesses were wrongfully denied coverage for losses resulting from government-mandated public health shutdowns r...
Posted: May 12, 2020
The range of businesses taking insurers to court for coronavirus-related losses continued to expand last week with a New Orleans-based hotel group and a day care center in New York suing their insurers.
Posted: May 12, 2020
A group of 13 state attorneys general asked Amazon.com on Tuesday to provide data on coronavirus-linked infections and deaths among its workforce, along with evidence of the company's compliance with paid sick leave laws.
Posted: May 12, 2020
The coronavirus pandemic is changing some of the dynamics of broker mergers and acquisitions, but deals will continue to be made amid the outbreak, according to Marc Cohen, president and CEO of Hub International Ltd.
Posted: May 12, 2020
The U.S. Treasury Department issued a letter to members of Congress on May 8 which argued that proposals to force insurers to retroactively change business interruption (BI) policies to pay losses arising from the COVID-19 pandemic threaten the ability of the industry to serve policyholders and migh...
Posted: May 12, 2020
States that are reopening their economies even as cases of Covid-19 are still rising are threatening their own residents and the whole country. But they are also running into two challenges that all states will face: Employees don’t want to …
Posted: May 12, 2020
The West Virginia National Guard will assist in conducting tests for the coronavirus starting Monday at a poultry processing plant in a small county where cases have increased, authorities said. Testing at the Pilgrim’s Pride plant of about 940 workers …
Posted: May 12, 2020
One out of every four workers in New Orleans is without a job because of the coronavirus pandemic, according to a study by the University of Louisiana Lafayette. The study found unemployment in New Orleans is the highest in the …
Posted: May 12, 2020
A Republican bill that would protect businesses from lawsuits arising from the COVID-19 pandemic passed the Oklahoma Senate on Tuesday.
Posted: May 12, 2020
Allianz Solvency Ratio Dealt Disruption From COV-19 Crisis Costs German insurer Allianz said on Tuesday that a key measure of capital may fall below the company's target floor level as it faces claims for disruption caused by the coronavirus crisis. Allianz, which ...
Posted: May 12, 2020
Airmic, the UK association for risk and insurance professionals, has urged the insurance market to adopt a more responsible and business sensitive position on the COVID-19 pandemic or risk long-term damage to trust and reputation and loss of customers. “With …
Posted: May 12, 2020
Many of the City of London’s bankers and traders will be working from their kitchens or bedrooms for at least a year under some scenarios being planned by finance companies in Britain. Banks, insurance companies and asset managers have had …
Posted: May 12, 2020
Business Insurance will be continuing its workers compensation webinar series May 21 with a panel discussion on what employers need to know about getting workers back on the job as the COVID-19 pandemic continues to unfold.
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U.S. Cases by State
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