Special Coverage: COVID-19
Posted: Mar 25, 2020
Online payments are convenient, secure and easy. These days, they can also help keep you, your employees and your customers stay healthy and ensure your insurance business stays productive during the coronavirus pandemic. Amid the virus health concerns, employees across the country are being e...
Posted: Mar 25, 2020
A massive $2 trillion measure to bolster U.S. efforts to combat the COVID-19 health and economic crisis is expected to pass Thursday after White House and Congressional leaders finalized a deal late Tuesday night. The proposal includes a provision that would permit limited early withdrawals and high...
Posted: Mar 25, 2020
These proposals may be well-intentioned, but they are misguided, misdirected and would place an entire financial services sector in turmoil.
Posted: Mar 25, 2020
OCC’s digital transformation included a new homepage, a new brand/logo, a new corporate design, a new tone of voice, an online calculator for insurance rates, the possibility to take out insurance online and also to manage contracts online.
Posted: Mar 25, 2020
Policy interpretation, contract provisions and notice of loss are critical to determining which losses are covered.
Posted: Mar 25, 2020
COVID-19 will impact the workers’ compensation industry well beyond claims related to the virus.
Posted: Mar 25, 2020
Coronavirus cases in the United States surged past 55,000 on Wednesday, while the death toll has climbed past 800, with 354 recoveries, according to figures from Johns Hopkins University. Nearly half of those cases are in New York, which had reported more than 260 deaths as of Wednesday. A...
Posted: Mar 25, 2020
Lawmakers in Ohio and New Jersey on Monday introduced coronavirus legislation that could affect workers compensation.
Posted: Mar 25, 2020
Businesses need to carefully review every element of their property and business interruption insurance policies to determine whether they will respond to losses due to temporary shutdowns during the COVID-19 pandemic, Marsh LLC experts said Wednesday.
Posted: Mar 25, 2020
Posted: Mar 25, 2020
North Carolina Insurance Commissioner Mike Causey has asked the state’s insurance companies to be economically flexible with consumers in light of the COVID-19 health emergency. “Some of the mitigating efforts implemented on a state and local level to limit further …
Posted: Mar 25, 2020
The longer the pandemic lasts, the more severe the economic consequences will be
Posted: Mar 25, 2020
A Native American tribe on Tuesday sued a group of insurance companies, asking a court to declare that losses it is incurring from shutting down its casinos during the coronavirus pandemic are covered by insurance. Among the defendants named in …
Posted: Mar 25, 2020
It enables risk managers to assess their COVID-19 property exposure in real-time
Posted: Mar 25, 2020
Although the Virtual University has not received questions regarding how the commercial general liability (CGL) policy will respond to the coronavirus (COVID-19), the CGL’s response must still be understood. Various other publications have addressed the CGL’s response to the coronavirus …
Posted: Mar 25, 2020
As the COVID-19 pandemic rages on across the globe, the airline industry continues to be the most devastated sector thus far.
Posted: Mar 25, 2020
Lloyd’s, AIG, AXA Sued by Native American Casino Owner Over Coronavirus Losses A Native American tribe on Tuesday sued a group of insurance companies, asking a court to declare that losses it is incurring from shutting down its casinos during the coronavirus pandemic are ...
Posted: Mar 25, 2020
Louisiana’s governor has asked the White House to declare a major disaster in his state to free up more direct federal aid to cope with the surging coronavirus outbreak, warning that the New Orleans area could run out of hospital …
Posted: Mar 25, 2020
Two workers at Fiat Chrysler Automobiles NV factories who tested positive for the coronavirus have died, according to the United Auto Workers union. One of the employees worked at Fiat Chrysler’s truck assembly plant in Sterling Heights, Michigan, and the …
Posted: Mar 25, 2020
NEW YORK — When hospitals need to prep a room for the next coronavirus test, when jetliners discharge their passengers at the gate, when suburbanites start to take sanitary precautions more seriously, the call goes out: Send in the cleaners. …
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