Special Coverage: COVID-19

With a Few Exceptions, Insurers Are Unlikely to Cushion Coronavirus Losses

Posted: Mar 04, 2020

With a Few Exceptions, Insurers Are Unlikely to Cushion Coronavirus Losses Don't look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that's sweeping across the globe. The ...

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Insurance Conferences Go on Despite Coronavirus, but No Handshakes (or Buffets) Allowed

Posted: Mar 04, 2020

Insurance Conferences Go on Despite Coronavirus, but No Handshakes (or Buffets) Allowed As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at ...

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Coronavirus Concerns May Curb Events at Berkshire Hathaway’s May 2 Annual Meeting

Posted: Mar 04, 2020

Coronavirus Concerns May Curb Events at Berkshire Hathaway’s May 2 Annual Meeting Berkshire Hathaway Inc, the conglomerate run Warren Buffett, said it will hold its annual shareholder meeting on May 2 despite the coronavirus outbreak, but may curtail some of the surrounding ...

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San Antonio Officials Declare Emergency After COVID-19 Quarantine Hiccup

Posted: Mar 04, 2020

The top two governing officials of the San Antonio area on Monday blocked the release of quarantined cruise ship evacuees, declaring a public health emergency after a woman allowed to leave quarantine later tested positive for the new coronavirus. Declarations …

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Congress Close to Deal on Funds to Fight Coronavirus

Posted: Mar 04, 2020

Negotiators in the U.S. House of Representatives and Senate neared a deal on Wednesday on a multi-billion-dollar emergency bill to battle the coronavirus as they narrowed differences over the cost of potential vaccines, congressional aides said. House Appropriations Committee Chairwoman …

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Clear, factual communication crucial amid coronavirus ‘infodemic’

Posted: Mar 04, 2020

Expert outlines the scale of the outbreak and what coverages will respond

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Officials Try to Calm Nerves as New York Reports First COVID-19 Case

Posted: Mar 04, 2020

New York leaders sought to calm jittery nerves Monday after the city recorded its first confirmed case of the new coronavirus, saying the disease – while dangerous – is a manageable threat. The state is increasing its testing capacity and …

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The Travel Insurance Industry Responds to Consumer Coronavirus Fears

Posted: Mar 04, 2020

Santa Clara, Calif. (March 3, 2020) – The coronavirus (COVID-19) is causing disruptions and cancellations in the travel industry as spring break and the summer travel season near. The virus...

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Insurance Unlikely to Cushion Coronavirus Losses – But There Are Exceptions

Posted: Mar 04, 2020

Don’t look for much relief from insurers to cushion losses from canceled events, travel disruptions and potential medical claims from the deadly Covid-19 virus that’s sweeping across the globe. The world’s largest insurers have learned lessons from previous health crises, …

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Parametric Insurance Could Offer Hotels Relief from Coronavirus Cancellations

Posted: Mar 04, 2020

Organizers of events called off because of the coronavirus are likely to miss out on insurance payouts because typical policies do not cover epidemic outbreaks. Hotels hit by cancellations may fare better. That is because a new type of insurance …

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AIR Worldwide Pandemic Model Identifies Countries at Highest Risk for Coronavirus

Posted: Mar 04, 2020

AIR Worldwide published an evaluation of potential coronavirus disease 2019 (COVID-19) cases in other countries, using its pandemic model to run hypothetical scenarios that could reveal those countries at the highest risk for onward infections. In these scenarios, AIR simulated …

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It’s Conference-as-Usual For Insurance Amid Coronavirus (Except No Handshakes)

Posted: Mar 04, 2020

As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow …

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It’s Mostly Conference-as-Usual For Insurance Amid Coronavirus (Except No Handshakes)

Posted: Mar 04, 2020

As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow …

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Around the P&C insurance industry: March 4, 2020

Posted: Mar 03, 2020

The National Association of Insurance Commissioners (NAIC) has launched a Coronavirus Resource Center in an effort to help support the public, the…

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Global macro and insurance outlook: Q1 2020

Posted: Mar 03, 2020

COVID-19’s impact on global growth and the insurance industry is likely deeper and wider than the current consensus, and could last well into Q3 and beyond, according to this report. Key findings include: economic impact likely to continue into Q3/Q4 2020 and 2021; the event could reduce global GDP...

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Handshakes, Buffets Out. Otherwise It’s Insurance Conferences-as-Usual Amid Coronavirus.

Handshakes, Buffets Out. Otherwise It’s Insurance Conferences-as-Usual Amid Coronavirus.

Posted: Mar 03, 2020

As the coronavirus and its COVID-19 disease spread, Insurance professionals going to industry conferences over the next few weeks and months could find themselves having their temperature taken at the door and being told not to shake hands with fellow …

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Triple-I Webinar Covers COVID-19’s Economic and Health Implications

Posted: Mar 03, 2020

The Insurance Information Institute invites members to a webinar titled “Covid-19’s Impact on Health, the Economy and Growth” on March 5 at 11:00 a.m. EST presented by Triple-I Vice President and Senior Economist Michel Léonard, PhD, CBE. Dr. Lèonard will discuss the following key points:...

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Joint Industry Forum, Leader of the Year and Coronavirus

Posted: Mar 03, 2020

AMBestTV reports on two major gatherings of insurance luminaries: the annual Property/Casualty Insurance Joint Industry Forum and St. John’s University’s 25th annual Insurance Leader of the Year Awards Dinner. Video news also includes coverage of Pennsylvania Lumbermens Mutual’s 125th anniversary, t...

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