Special Coverage: COVID-19

Kentucky Coronavirus Worker, Employer Relief Bill Signed by Governor

Posted: Apr 02, 2020

Legislation offering relief to workers and employers suffering economic damage from the coronavirus pandemic was signed by Kentucky Gov. Andy Beshear on Monday. The bill was put on the fast track by lawmakers last week as the Bluegrass State deals …

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Keeping Businesses Going in a Crisis by Jennifer Torneden

Posted: Apr 02, 2020

Global financial markets are fluctuating, daily operations for businesses across industries have been disrupted and masses of the workforce are being grounded from travel and urged to work from home because of the coronavirus. This is an unprecedented situation, and the quick changes can overwhelm...

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Insurers Worry About D&O Claims Against Executives From Coronavirus

Posted: Apr 02, 2020

Insurers are increasingly worried about shareholders, employees or customers bringing coronavirus-related claims against company executives and are considering excluding the virus from policies which protect the bosses, industry sources say. Two cases have been filed in the United States in …

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Moody’s downgrades U.S. life insurance outlook to ‘negative’

Posted: Apr 01, 2020

The outlook for the U.S. life insurance sector has been changed from stable to negative, owing to the unprecedented economic turmoil from the coronavirus pandemic amid the decline in U.S. Treasury rates and a higher likelihood of a prolonged low rate environment, Moody’s Investors Service says in a...

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DOL Provides Additional Guidance on the Families First Coronavirus Response Act

Posted: Apr 01, 2020

Importantly for Big “I” members, the DOL provided clarity on the FFCRA provision allowing an exemption for some employers with fewer than 50 employees.

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Attend a Webinar on the Legislative Response to the Coronavirus Pandemic

Posted: Apr 01, 2020

The Big “I” will be hosting a free “members-only” webinar on April 7 at 3:30 pm ET to provide an update on the association’s efforts.

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Big ‘I’ Webinar on the Legislative Response to the Coronavirus Pandemic

Posted: Apr 01, 2020

The Big “I” government affairs team will provide valuable information on legislative activity at the state and federal level.

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FEMA and USDA Offer Payment Flexibility for Flood and Crop Programs

Posted: Apr 01, 2020

In response to the coronavirus crisis, FEMA will extend the grace period to renew flood insurance policies from 30 to 120 days, and the USDA has announced flexibilities to help with policies, claims, reporting and payments.

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Coronavirus implications for insurance

Posted: Apr 01, 2020

Determining coverage for a loss will depend on the policy language and its interpretation.

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COVID-19: How to manage your personal automobile

Posted: Apr 01, 2020

Follow these safety tips to stay safe on the roads during the pandemic and minimize your risk of picking up the virus.

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GloveBox Responds to COVID-19 with Free Product for Agents

Posted: Apr 01, 2020

GloveBox, the mobile and web app that aggregates carrier service portals into one platform, is giving back to independent agents during the difficult time of COVID-19. In an effort to...

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2020 Hurricane Season Projected to Be “Above Normal”

Posted: Apr 01, 2020

The 2020 Atlantic hurricane season activity is projected to be “above normal,” according to Triple-I non-resident scholar Dr. Phil Klotzbach. Dr. Klotzbach, an atmospheric scientist at Colorado State University (CSU), and his team have issued an early forecast of 16 named storms, eight hurr...

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Employee safety a leading pandemic concern: Survey

Posted: Apr 01, 2020

Employee safety is among top concerns for employers during the coronavirus pandemic, according to a survey of more than 900 employers conducted by law firm Littler Mendelson P.C.

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GUARDHOG introduces ID verification platform SUPERHOG

Posted: Apr 01, 2020

GloveBox, the mobile and web app that aggregates carrier service portals into one platform, is giving back to independent agents during the difficult time of COVID-19. In an effort to...

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Louisiana proposes COVID-19 presumptive legislation

Posted: Apr 01, 2020

Louisiana lawmakers will consider a bill to provide workers compensation coverage to essential workers who contract COVID-19 in the workplace.

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Insurtech Wefox part of startup group working on coronavirus tracking app

Posted: Apr 01, 2020

A group of German startups are working on an application that will help the government track people who have been exposed to the novel coronavirus and, ultimately, ease restrictions when the pandemic begins to subside.

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Origami Risk expands RMIS to aid with COVID-19 exposures

Posted: Apr 01, 2020

Origami Risk LLC has expanded its risk management information system to help employers address exposures related to COVID-19, Origami Risk said in a statement Wednesday.

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D&O Insurers Face Challenges as Company Bosses Deal With Coronavirus Legal Claims

Posted: Apr 01, 2020

D&O Insurers Face Challenges as Company Bosses Deal With Coronavirus Legal Claims Insurers are increasingly worried about shareholders, employees or customers bringing coronavirus-related claims against company executives and are considering excluding the virus from policies which ...

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Business interruption claims concerns ‘overblown’: Morgan Stanley

Posted: Apr 01, 2020

Concerns that property/casualty insurers will be forced to pick up the tab for business interruption COVID-19 losses are “overblown,” Morgan Stanley analysts said Wednesday.

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Coronavirus Reportedly Dashes National Bank of Greece’s Sale of Ethniki Insurance Unit

Posted: Apr 01, 2020

Coronavirus Reportedly Dashes National Bank of Greece’s Sale of Ethniki Insurance Unit National Bank of Greece SA has halted the sale of its Ethniki Insurance unit after the coronavirus pandemic dashed any lingering hopes of a successful auction, according to people familiar with the ...

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