Special Coverage: COVID-19

Managing risk as businesses reopen after COVID-19

Posted: May 04, 2020

Should the assumption of risk and liability be a concern for reopening businesses?

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Republicans Rally Around Call for Legal Immunity for Businesses When They Reopen

Posted: May 04, 2020

The top Republicans in the U.S. Congress displayed a united front on Friday in their drive for coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation. Senate majority leader Mitch McConnell and …

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Back To Work, Owners Make Changes So Workers Feel Safe

Posted: May 04, 2020

NEW YORK — Before the coronavirus outbreak, furniture deliveries at Sunnyland Outdoor Living meant two employees sitting side-by-side in a truck. Now, one will be driving the truck while the second follows in a car. And when Sunnyland’s workers reach …

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Willis: COVID-19 Losses Offset by Reduced Claims for Auto Lines

Posted: May 04, 2020

If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole may be pretty much a wash. It not, the industry may be on the verge of an historic catastrophe. A …

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S&P Expects States to Lose Bids to Mandate Coronavirus Business Interruption Coverage

Posted: May 04, 2020

Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption insurance coverage for COVID-19-related losses. The reason: An expectations of fierce insurance industry-fueled legal challenges. “We are taking the initial …

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A Time of Transition: The State of the Public D&O Market

Posted: May 03, 2020

It's safe to say 2019 was an interesting time in the directors & officers insurance space, and the coronavirus pandemic doesn't make things any easier.

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Some Auto Insurer Premium Discounts Should Be Bigger, Consumer Groups Say

Posted: May 03, 2020

Two consumer groups said on April 23 that some of the largest U.S. auto insurers, including billionaire Warren Buffett’s Geico Corp., are short-changing customers on premium rebates as Americans drive less due to stay-at-home orders aimed at curbing the coronavirus …

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Don’t Let Remote Employees Expose Your Business

Posted: May 03, 2020

With millions of Americans working at home because of the coronavirus pandemic, the businesses that employ them are more vulnerable than ever to ransomware, phishing and other cyberattacks. It’s essential that companies take thoughtful risk management actions, consulting with management …

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Nursing Home Insurance Market In Need of Care

Posted: May 03, 2020

Nursing homes are right in the middle of the deadly coronavirus pandemic hitting the U.S, with more than 20%, or 11,000, of the nation’s COVID-19 deaths happening in these long term care facilities, according to a mid-April report by The …

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Engaging Prospects During COVID-19

Posted: May 03, 2020

It’s not the dog in the fight; it’s the fight in the dog. Are you ready for the fight? And what fight is that? It’s the fight for the buyer’s mind. Most buyers are very confused right now. For that …

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Fifth-Generation Wireless Technologies: Suspicion vs. Evidence

Posted: May 01, 2020

Fifth-Generation Wireless Technologies: Suspicion vs. Evidence One of the more surprising recent conspiracy theories to make the rounds of the Internet and social media is that the COVID-19 pandemic is actually a hoax perpetrated by corporations to cover up the ...

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Four Ways to Foster Quick, Effective and Free Lead Generation During COVID-19 (and after)

Posted: May 01, 2020

The show must go on. Here are a few ways to foster effective lead generation, even during COVID-19 ... more

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Watsa’s Fairfax Financial Holdings Loses $1.3B in Q1

Posted: May 01, 2020

Watsa’s Fairfax Financial Holdings Loses $1.3B in Q1 Prem Watsa's Fairfax Financial Holdings lost close to $1.3 billion during its first quarter, due largely to unrealized losses on investments and market volatility over the coronavirus pandemic. The ...

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Washington Extends Emergency Order Waiving Deductibles And Copays for Coronavirus Tests

Posted: May 01, 2020

Washington Insurance Commissioner Mike Kreidler extended his emergency order to Washington health insurers for 30 days, requiring them to waive copays and deductibles for any consumer requiring testing for coronavirus. Insurers also must continue: Allowing a one-time early refill for …

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National Hurricane Preparedness Week 2020

Posted: May 01, 2020

The start of what may be an “above-normal” 2020 Atlantic hurricane season is a month away and homeowners, renters, and business owners are advised to prepare now. “As much as we are living today with the unimaginable impact of COVID-19, we must remind residents along the Atlantic and Gulf coa...

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Radiology group cites ‘sue and labor’ clause in virus suit

Posted: May 01, 2020

A radiology practice sued its insurer Wednesday claiming it was owed coverage for coronavirus-related losses under the “sue and labor” clause in its policy, among other reasons.

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Senators offer privacy bill for COVID-19 contact tracing

Posted: May 01, 2020

A group of Republican U.S. senators said Thursday they would introduce legislation to address consumer privacy concerns surrounding technology companies' efforts to help build contact tracing apps to fight the new coronavirus outbreak.

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NCCI launches tool to estimate pandemic impact on comp

Posted: May 01, 2020

The National Council for Compensation Insurance on Friday launched an online tool designed to help states and employers calculate the impact COVID-19 could have on workers compensation.

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Florida to Allow Limited Reopening for Restaurants, Retail Stores

Posted: May 01, 2020

Florida’s restaurants and retail stores will be allowed to reopen Monday at 25% capacity, if the local government allows it, Gov. Ron DeSantis announced Wednesday, as the state begins the slow climb from the economic abyss caused by the coronavirus. …

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Republicans push for virus lawsuit immunity

Posted: May 01, 2020

The top Republicans in the U.S. Congress displayed a united front on Friday in their drive to include coronavirus-related liability protections for businesses, saying such measures will be crucial to talks about future relief legislation.

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