Special Coverage: COVID-19
Posted: Mar 24, 2020
The new feature available with Willis Towers Watson’s Global Peril Diagnostic tool lets risk managers can assess their COVID-19 property exposure in real time.
Posted: Mar 24, 2020
Coverage Q&A: Is business interruption coverage included in the insured's commercial general liability policy?
Posted: Mar 24, 2020
Proposed legislative would support small business owners who have lost income due to the novel coronavirus.
Posted: Mar 24, 2020
Insurers Know They’re Essential, and Coronivirus Business Shutdowns Prove It Insurance industry professionals might take some pride in knowing that they are considered essential. In states where only essential businesses are allowed to keep operations going during the ...
Posted: Mar 24, 2020
(Reuters) – 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.
Posted: Mar 24, 2020
Property and casualty policies may be exposed to claims due to losses stemming from the coronavirus outbreak, experts said in a webinar Tuesday.
Posted: Mar 24, 2020
Commercial policyholders should file business interruption and workers compensation claims for coronavirus-related losses immediately, regardless of concerns over policy exclusions, a brokerage claims expert said.
Posted: Mar 24, 2020
Stock market disruption due to COVID-19 forcing group to delve into other divestment options
Posted: Mar 24, 2020
Vermont-domiciled captive insurers that are unable to hold a board meeting in the state in 2020 due to ongoing disruptions from the COVID-19 pandemic can request a temporary waiver in writing from the Vermont Department of Financial Regulation.
Posted: Mar 24, 2020
The option to waive the paramedical is aligned with the Centers for Disease Control and Prevention guidance to maintain social distancing and prevent the spread of COVID-19.
Posted: Mar 24, 2020
Crawford & Co. has expanded its Contractor Connection decontamination service to clean and restore sites in the U.S. exposed to the coronavirus to help minimize business interruption, the Atlanta-based claims manager said in a statement Tuesday.
Posted: Mar 24, 2020
The Texas Department of Insurance reports that insurance claim-handling deadlines have been extended for 15 days as of March 20 to help insurers respond to the COVID-19 outbreak. The extension was implemented after Governor Greg Abbott suspended certain provisions of …
Posted: Mar 24, 2020
Insurance industry professionals might take some pride in knowing that they are considered essential. In states where only essential businesses are allowed to keep operations going during the coronavirus epidemic, it appears insurance employees can continue to work. Of course, …
Posted: Mar 24, 2020
Louisiana Insurance Commissioner Jim Donelon has issued Emergency Rule 37, which aims to expand access to telehealth services during the COVID-19 health emergency. The Louisiana Department of Insurance summarized the provisions of Emergency Rule 37 as: Expands access to telemedicine …
Posted: Mar 24, 2020
Wisconsin’s insurance commissioner has directed insurers to provide insurance coverage for delivery drivers for restaurants during COVID-19 Public Health Emergency, even if those drivers/restaurants previously did not have coverage for such activities. The extra coverage must be provided at no …
Posted: Mar 24, 2020
The Texas Department of Insurance (TDI) said certain licensing requirements for insurance agents and adjusters will be waived during the state’s response to the COVID-19 health emergency. TDI said the measures will ensure agent and adjuster services remain available. New …
Posted: Mar 24, 2020
French Insurers Will Contribute $216M to Coronavirus Solidarity Fund French insurance lobby FFA said on Monday insurers would contribute up to 200 million euros ($216 million) to funds set up by the government to help companies deal with a significant drop in activity ...
Posted: Mar 24, 2020
Fitch Downgrades Outlook for London Insurance Sector Over COVID-19 Impact Fitch Ratings has revised its outlook for the underlying fundamentals of the London market insurance sector to negative from stable. The sector outlook revision reflects increased concerns over the ...
Posted: Mar 24, 2020
For years, property-casualty insurers have sought to protect their business from the ripple effects of a pandemic. The spread of the coronavirus is showing it may not be easy. At issue are business-interruption policies, which tend to pay out only …
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