Special Coverage: COVID-19
Posted: Mar 31, 2020
The impact of COVID-19 on gig economy workers as well as small businesses has been devastating.
Posted: Mar 31, 2020
The world-wide spread of COVID-19 (Novel Coronavirus) presents us all with rather interesting questions about the power and role of federal and state government. COVID-19 is the illness caused by a virus strain that began spreading in people in December …
Posted: Mar 31, 2020
Lockdowns, mandatory work from home, social distancing – the coronavirus pandemic has upended lives across the US. With no definitive end in sight and officials closing restaurants, bars and non-essential businesses in cities and towns across the country, most small businesses are feeling the econo...
Posted: Mar 30, 2020
The New York State Department of Financial Services (DFS) adopted an emergency regulation March 30 requiring New York State regulated issuers of life insurance and annuity contracts, property and casualty insurers and premium finance agencies to provide relief to New York consumers and businesses ex...
Posted: Mar 30, 2020
A Longer Coronavirus Crisis Creates Greater Underwriting Loss Uncertainty: Fitch North American property/casualty insurers will likely face increasing coronavirus-related financial challenges as the pandemic crisis drags on, Fitch Ratings said in a new report. "Claims experience ...
Posted: Mar 30, 2020
As agencies move to virtual operations to address risks posed by the coronavirus, they need to both engage employees and manage increased cyber vulnerabilities. Here are six tips to protect and motivate remote workers.
Posted: Mar 30, 2020
Here are the P&C events to keep an eye on May-June, as well as the events canceled or postponed in light of the coronavirus.
Posted: Mar 30, 2020
There can be no debate that the presence of COVID-19 can make a business uninhabitable, unusable or unsafe.
Posted: Mar 30, 2020
From a tax and insurance perspective, BOE insurance is one area business owners need to consider during a crisis.
Posted: Mar 30, 2020
Weddings are now hard to find in the age of the coronavirus.
Posted: Mar 30, 2020
Considering the fact that property/casualty actuaries have never experienced a pandemic like covid-19, the paper considers the impact from several perspectives. The paper addresses, among others, the following questions: To what extent, if any, was P/C risk underpriced? Given the dramatic cessation...
Posted: Mar 30, 2020
New York lawmakers have joined Ohio, Massachusetts and New Jersey in introducing a bill that would force insurers to retroactively cover business interruption claims due to COVID-19.
Posted: Mar 30, 2020
From Free Coverage to Masks, P/C Insurers Try to Alleviate Coronavirus Pressures While the property/casualty insurance industry is fighting attempts to force it to pay for the huge business income losses that it says most policies were never intended to cover, some individual ...
Posted: Mar 30, 2020
The COVID-19 crisis sweeping the nation, which is battering the economy and pummeling interest rates, has led many to wonder about the ability of insurers to pay claims from individuals and businesses that will inevitably arise from the pandemic.
Posted: Mar 30, 2020
The Bermuda Captive Conference committee has rescheduled its annual conference from June to September due to the global impact of the COVID-19 pandemic.
Posted: Mar 30, 2020
Overland Park, KS – March 26, 2020 – RiskGenius, an Insurtech company using artificial intelligence (AI) to enable property and casualty (P&C) carriers to analyze policy language across an entire...
Posted: Mar 30, 2020
A small New York law firm that specializes in tenant law and is unable to make its $23,000 monthly rent due to the city’s coronavirus shutdown is beating the landlord to the punch.
Posted: Mar 30, 2020
A group of Republican lawmakers from the Oklahoma House of Representatives are asking the Oklahoma Municipal League (OML), Oklahoma Municipal Assurance Group (OMAG), CompSource Oklahoma and self-funded municipalities to cover and provide workers’ compensation benefits to any first responder testing...
Posted: Mar 30, 2020
North Carolina Gov. Roy Cooper announced Friday that a statewide stay-at-home order will start Monday, saying more movement restrictions are needed to blunt the new coronavirus and prevent hospitals from being overrun by cases. Cooper said the order will take …
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