Special Coverage: COVID-19
Posted: Apr 16, 2020
The Arkansas Insurance Department is advising auto insurance consumers to contact their insurance agents as to whether their auto insurance carrier is offering premium relief in light of the COVID-19 health crisis. AID has posted a list of insurers that …
Posted: Apr 16, 2020
A group of agriculture economists said on April 15 the coronavirus pandemic will cause billions of dollars in damage to Iowa’s crop and livestock industries. In a report released from Iowa State University’s Center for Agricultural and Rural Development, the …
Posted: Apr 16, 2020
New Jersey was the first state to propose a bill that would mandate insurers cover COVID-19-related losses under their business interruption policies, and the insurance industry was quick to express its concern. But that hasn’t stopped some states from rolling …
Posted: Apr 16, 2020
A top state oil regulator estimates that North Dakota producers have idled thousands of wells — amounting to more than a quarter of the oil wells in the state — as the U.S. oil industry crashed during the coronavirus outbreak. …
Posted: Apr 16, 2020
A top state oil regulator estimates that North Dakota producers have idled thousands of wells — amounting to more than a quarter of the oil wells in the state — as the U.S. oil industry crashed during the coronavirus outbreak. …
Posted: Apr 16, 2020
New York’s Metropolitan Transportation Authority on Wednesday announced an agreement with union leaders to give surviving family members of transit workers who die of COVID-19 complications $500,000.
Posted: Apr 16, 2020
COVID-19 has led to a multibillion-dollar loss for the contingency market, while coronavirus exclusions are being applied on all new and renewal health care business, according to a London market update from Miller Insurance Services LLP.
Posted: Apr 16, 2020
Blood tests for the coronavirus could play a key role in deciding whether millions of Americans can safely return to work and school. But public health officials warn that the current “Wild West” of unregulated tests is creating confusion that …
Posted: Apr 16, 2020
Progressive Insurance has donated $2 million dollars to establish the Trusted Choice COVID-19 Relief Fund in response to the economic and operational challenges the coronavirus crisis has presented to independent agencies. The grant will be dispersed directly to independent agencies …
Posted: Apr 16, 2020
Companies need to think about the relationship between marketing and reputation in a new way. It’s the new reality of our post #MeToo, COVID-19, green-washing, social-washing, post-advertising world. Reputation is not built on marketing. It is a product of stakeholders’ expectations — helpfully shap...
Posted: Apr 16, 2020
Auto insurers have seen something new with the coronavirus pandemic: an historic reduction in driving due to millions of customers staying home and sheltering in place. That change led to carriers issuing between $8 billion and $10.5 billion in customer …
Posted: Apr 16, 2020
As a result of changing driving habits due to the COVID-19 pandemic, the member companies of the Utica National Insurance Group have announced that they will provide policyholders with a 15 percent payback of their personal auto insurance premiums for …
Posted: Apr 16, 2020
Legislation and regulationDemocrats Plan Legislation to Force Insurance Companies to Pay Out for Pandemic LossesThompson Introduces the Business Interruption Insurance Coverage ActLawmakers Advocate Stimulus Aid to Insurers on Business InterruptionSC Proposes Bill Over Coronavirus-related Business I...
Posted: Apr 16, 2020
AIR Worldwide has launched a free COVID-19 catastrophe modeling tool, one that predicts cases and offers death projections for the weeks ahead. The company said its COVID-19 Projection Tool, designed with AIR’s pandemic modeling data, will provide COVID-19 case and …
Posted: Apr 16, 2020
Progressive’s Monthly Financial Report Shows Early COVID Impacts Progressive Corporation released a monthly earnings report for March 2020 yesterday, providing some early signs of the premium and loss ratio impacts of COVID-19 shelter-at-home restrictions for ...
Posted: Apr 16, 2020
Arch Capital Group Ltd. said its estimated pre-tax losses for claims incurred due to the COVID-19 pandemic could reach $145 million. Breaking down the total, Arch said COVID-19 claims across its property casualty insurance and reinsurance segments ranged from $85 …
Posted: Apr 16, 2020
Penasquito Polymetallic silver mine in Mexico has temporarily suspended operations to comply with government restrictions aimed at curbing the spread of coronavirus.
Posted: Apr 16, 2020
Britain’s banks have enough funds to keep lending to the economy even under the deep recession scenario outlined by a government watchdog, Bank of England Deputy Governor Sam Woods said on Wednesday. The BoE has allowed banks to tap 23 …
Posted: Apr 16, 2020
Executives On The Move at Beazley and Willis Towers Watson Beazley appointed a new global head of cyber & executive risk, effective July 2020. Willis Towers Watson hired a new senior director in its Climate and Resilience Hub. AIR Worldwide Launches Free COVID-19 Catastrophe Modeling Tool AIR Worldw...
Statistics
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U.S. Stats
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U.S. Cases by State
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