Special Coverage: COVID-19
Posted: Mar 27, 2020
Insurers doing business in California have until April 9 to submit data regarding business interruption coverage provided under their existing commercial insurance policies related to COVID-19 under an order issued Thursday by Insurance Commissioner Ricardo Lara.
Posted: Mar 27, 2020
Insurers Expect Coronavirus Claims Will Strike ‘Event Driven’ D&O Line What may be the first U.S. securities lawsuits alleging misdeeds related to coronavirus were filed this month — one against a cruise line and another against a pharmaceutical company that claimed ...
Posted: Mar 27, 2020
Lloyd’s Confronts COVID-19 Claims in 14 Insurance Categories Lloyd's insurers face COVID-19 related claims from approximately 14 categories of insurance, said Chief Executive Officer John Neal during a media call to discuss the market's 2019 results. Neal said ...
Posted: Mar 27, 2020
A well-known California restaurateur has filed a lawsuit against a unit of The Hartford, seeking a declaration that the owner’s commercial insurance policy covers losses caused by a statewide business shutdown ordered to prevent the spread of coronavirus. The lawsuit, …
Posted: Mar 27, 2020
Regulators in North Carolina and Georgia are clarifying that insurance is considered an essential business as states move to limit what industries remain open during the current coronavirus outbreak. On March 24, North Carolina Insurance Commissioner Mike Causey requested that …
Posted: Mar 27, 2020
Regulators in North Carolina and Georgia are clarifying that insurance is considered an essential business as states move to limit what industries remain open during the current coronavirus outbreak. On March 24, North Carolina Insurance Commissioner Mike Causey requested that …
Posted: Mar 27, 2020
Oklahoma Insurance Commissioner Glen Mulready has approved waiving certain requirements for new licenses issued to producers and adjusters. These measures will ensure services remain available during the state’s response to COVID-19. The Oklahoma Insurance Department (OID) contracts with a national...
Posted: Mar 27, 2020
President Donald Trump has granted a federal disaster declaration in Louisiana and ordered assistance to supplement recovery efforts in the areas affected by COVID-19. Louisiana’s governor asked the White House to declare a major disaster in his state to free …
Posted: Mar 27, 2020
With much of everyday society driven into quarantine, could the coronavirus pandemic drive down car insurance premiums? With fewer cars on the road, that’s what consumer advocacy groups are calling for.
Posted: Mar 27, 2020
President Donald Trump declared Florida a disaster area Wednesday because of the new coronavirus outbreak, while another of the state’s largest metropolitan areas moved toward a near-shutdown. The president acted a day after Gov. Ron DeSantis requested the declaration, becoming …
Posted: Mar 27, 2020
Airlines have had to dramatically cut flight schedules due to the coronavirus pandemic, and some experts believe this has begun to hurt weather forecasting. What?! It turns out that forecasting models depend heavily on data collected by aircraft. The European Centre for Medium-Range Weather Fo...
Posted: Mar 27, 2020
The , is delaying vital maintenance across the oil and natural gas industries in Europe and North America. Restrictions on the numbers of contractors on rigs, pipelines and production sites are forcing companies to delay work that’s been planned for …
Posted: Mar 27, 2020
The way insurance companies respond to the COVID-19 crisis is indicative of how the industry will meet the biggest challenges going forward: the disappearing retail customer, over-regulation, shrinking product margins, low customer loyalty and public distrust.
Posted: Mar 27, 2020
New York Sports Clubs customer claims in a lawsuit she’s still being charged membership fees even after facilities have been shuttered by the coronavirus. The club’s owner, Town Sports International Inc., is making it “virtually impossible” to cancel memberships and …
Posted: Mar 27, 2020
Climate and Pandemics COVID-19 is a slowly unfolding catastrophe that poses a serious threat to humanity worldwide. Unlike a tornado, hurricane, or even flood, it is hard to say when the event will end. Unlike heat waves and droughts, it …
Posted: Mar 27, 2020
Trade credit insurers will likely see significant losses due to travel bans, disruptions and a volatile economy amid the COVID-19 pandemic, A.M. Best & Co. said in a report Friday.
Posted: Mar 27, 2020
The coronavirus outbreak’s impact on policyholders continues to dominate the news. The only non-pandemic story to make this week’s Top 10 concerns Pacific Gas & Electric’s pleading guilty to 84 involuntary manslaughter counts related to the 2018 Camp Fire in California.
Posted: Mar 27, 2020
The stock market turmoil triggered by the coronavirus pandemic is raising worries that Pacific Gas & Electric’s $13.5 billion settlement with victims of catastrophic wildfires may be worth far less by the time the beleaguered company emerges from bankruptcy. A …
Posted: Mar 27, 2020
California Insurance Commissioner Ricardo Lara has directed insurance companies to submit data to the California Department of Insurance regarding coverage of commercial business interruption related to COVID-19. It is hoped the data will help state policymakers understand the scope of …
Posted: Mar 27, 2020
One of the nation’s biggest health insurers is waiving patient payments for hospital stays tied to the coronavirus. CVS Health’s insurer Aetna said Wednesday that many of its customers will not have to make co-payments or other forms of cost …
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U.S. Cases by State
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