Special Coverage: COVID-19
Posted: Mar 31, 2020
This article considers how the COVID-19 pandemic will affect auto insurers in the longer term. Fewer people are driving due to business closures and work-from-home practices. This could lead to fewer accidents and claims – but evidence suggests severity of the claims generated may worsen. Speeding h...
Posted: Mar 31, 2020
P/C Insurance Industry Supports New Government Fund to Help Businesses, Workers Harmed by Coronavirus Crisis The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and ....
Posted: Mar 31, 2020
EU States Giving Guarantees to Credit Insurers to Keep Coronavirus-Hit Companies Going European Union states are giving guarantees to credit insurers in a bid to keep coronavirus-hit companies afloat, as some firms cut cover for trade involving bloc members such as Italy and Spain, ...
Posted: Mar 31, 2020
Seventy-one percent of employers surveyed recently say they did not have a pre-existing pandemic management plan or emergency management plan activated in response to COVID-19, according to a report released Monday by the employment law firm BlankRome LLP.
Posted: Mar 31, 2020
More than 30 policyholder groups from retail and other sectors hard-hit by the COVID-19 pandemic on Tuesday joined with major insurance organizations to call on the Trump administration and Congress to create a federal recovery fund to provide liquidity to businesses.
Posted: Mar 31, 2020
Added to the list of corporate cancellations in light of COVID-19: April Fools’ Day. For the first time in history, Google Inc. plans to cancel its annual April Fools’ Day spoofs due to COVID-19, according to Reuters.
Posted: Mar 31, 2020
European Union states are giving guarantees to credit insurers in a bid to keep coronavirus-hit companies afloat, as some firms cut cover for trade involving bloc members such as Italy and Spain, sources said.
Posted: Mar 31, 2020
Single-payer state workers compensation systems have started seeing claim activity related to COVID-19, although initial reports show that some of the applicants may not qualify, according to at least two states.
Posted: Mar 31, 2020
Industry experts talk to AMBestTV about how COVID-19 is impacting the insurance market. Special Risk Section sponsored by LexisNexis.
Posted: Mar 31, 2020
P/C Insurance Industry Joins New Government Fund to Help Businesses, Workers Harmed by Coronavirus Crisis The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and ...
Posted: Mar 31, 2020
Lawmakers in Alaska have fast-tracked a comprehensive coronavirus-related bill that would in part grant workers compensation benefits to first responders and health care providers presumably exposed to COVID-19.
Posted: Mar 31, 2020
By Kris Maccini, Social Media Director, Triple-I Triple-I has created an “Insurance Careers Corner” series to highlight trailblazers in insurance and to spread awareness of the career opportunities within the industry. This month we interviewed Emily Viner at Guardian Life Insurance, who pro...
Posted: Mar 31, 2020
A group of Chicago-based restaurants and movie theaters sued their insurer in federal court Friday seeking coverage for lost revenue due to forced closures during the coronavirus pandemic.
Posted: Mar 31, 2020
Fort Worth, Texas-headquartered insurance and financial services firm, Higginbotham, is purchasing meals from local eateries that have temporarily reduced their operations to take-out and delivery due to COVID-19 mandates. The food deliveries go to those organizations working for the well-being …
Posted: Mar 31, 2020
Workers’ compensation insurer, Texas Mutual Insurance Co., is donating $2 million in grant funding for nonprofit organizations across the state that are vital to COVID-19 relief and recovery. The grants will go to 40 nonprofit organizations, including Meals on Wheels, …
Posted: Mar 31, 2020
The Ohio Department of Insurance announced the extension of license renewal dates during the state of emergency declared by Gov. Mike DeWine in response to the COVID-19 pandemic. The department said if a license expires during the state of emergency, …
Posted: Mar 31, 2020
The Texas Department of Insurance (TDI) said it is expediting approvals for property/casualty filings that provide additional coverage or relief to policyholders during the COVID-19 outbreak. Recent filings related to COVID-19 include: Some auto insurers filed to remove delivery exclusions …
Posted: Mar 31, 2020
North Dakota Insurance Commissioner Jon Godfread has issued a number of bulletins offering guidance to the insurance industry in response to executive orders made by Gov. Doug Burgum, and in the interest of protecting North Dakotans during the COVID-19 (coronavirus) …
Posted: Mar 31, 2020
COVID-19 is impacting every business in some way, but manufacturers are under unique pressure. Though many have been forced to shut down, others have been called upon to help produce much-needed medical supplies. All are facing challenges with supply chain management, security, and the continual obl...
Posted: Mar 31, 2020
Proposed bills require insurers to pay out even if policies included language to exclude losses from virus-related issues.
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