Special Coverage: COVID-19
Posted: Apr 20, 2020
U.K.'s Night Time Industries Association said that many insurers are disputing claims based on ambiguous policy wording to avoid sharing the financial burden of the coronavirus pandemic.
Posted: Apr 20, 2020
Cyber security insurance is likely to gain traction among retail customers in India, given the recent spurt in internet usage as people work from home during the coronavirus pandemic.
Posted: Apr 20, 2020
Notre Dame Cathedral stands crippled and alone, locked in a dangerous web of warped scaffolding one year after a cataclysmic fire gutted its interior, toppled its famous spire and horrified the world. Some of the 40,000 metal bars — erected …
Posted: Apr 20, 2020
Notre Dame Cathedral stands crippled and alone, locked in a dangerous web of warped scaffolding one year after a cataclysmic fire gutted its interior, toppled its famous spire and horrified the world. Some of the 40,000 metal bars — erected …
Posted: Apr 20, 2020
Believe it or not, there was a time before coronavirus, and some insurtechs were able to land more cash.
Posted: Apr 20, 2020
Step is a deviation from new owner's stated intention
Posted: Apr 20, 2020
Lawyers say these six insurers denied business interruption claims filed by thousands of U.S.-based small businesses.
Posted: Apr 20, 2020
Whenever U.S. stores, restaurants and theaters reopen from coronavirus shutdowns, they may face an unexpected problem: lawsuits from sick patrons and workers. Business owners hit hard by Covid-19 are eager to get back to work as the outbreak shows signs …
Posted: Apr 20, 2020
Sympathetic state lawmakers and regulators in states both red and blue promise to make COVID-19 a major cost driver for workers’ compensation insurers. The governors of Kentucky, Arkansas, North Dakota and Florida and state regulators in Illinois, Washington, Michigan and …
Posted: Apr 19, 2020
Over the past several weeks, there have been numerous aerial photos of some of the nation’s largest highway systems – devoid of vehicles. The sight of tens of miles of ramps, junctions and straightaways with no visible cars is startling, almost a made-for-Hollywood view. But COVID-19 has taken a hu...
Posted: Apr 19, 2020
The nation’s immediate strategy to support businesses affected by the COVID-19 pandemic has now formed around a portfolio of emergency federal loan and grant programs authorized by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. As these programs become operational, policymakers are...
Posted: Apr 19, 2020
As investors flee the markets and businesses freeze operations during the coronavirus pandemic, the landscape for agents is shifting.
Posted: Apr 19, 2020
As investors flee the markets and businesses freeze operations during the coronavirus pandemic, the landscape for agents is shifting.
Posted: Apr 19, 2020
Workers’ compensation insurer, Texas Mutual Insurance Co., will distribute $330 million in policyholder dividends to be paid out two months earlier than scheduled. The company said it has historically paid dividends in June, but due to the coronavirus pandemic it …
Posted: Apr 19, 2020
COVID-19’s lasting effect on hiring will force insurance organizations to make difficult staffing decisions. It isn’t the norm for me to write a budget and planning article in April; I assume the same can be said for your company but …
Posted: Apr 19, 2020
The death toll from the coronavirus keeps rising. So too does the economic toll. The crisis has decimated huge sectors of the economy, leading to unprecedented unemployment and business closures. It has been a time of foreboding and tragedy for …
Posted: Apr 19, 2020
While consumers may have more time to consider their insurance needs during this period of stay-at-home orders and non-essential business shutdowns brought on by the nationwide COVID-19 pandemic, they aren’t necessarily contacting their insurance agents with requests for quotes. Insurance …
Posted: Apr 19, 2020
Compared to others, the property/casualty insurance industry is weathering the coronavirus crisis rather well. Property/casualty insurance is the least-impacted industry by the coronavirus pandemic, at least so far, according to an analysis from S&P Global Market Intelligence. S&P compiled its …
Posted: Apr 19, 2020
As more consumers face bill payment difficulties due to COVID-19, ACI Speedpay assists consumers and billers with digital communication and payment planning options.
Posted: Apr 19, 2020
Watsa’s Fairfax Discloses Q1 $1.4B Net Loss From COVID-19 Financial Markets Plunge Fairfax Financial Holdings warned it is dealing with an estimated $1.4 billion net loss in the 2020 first quarter, largely because of COVID-19 and its adverse impact on the global financial market. ...
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