Requiring insurers to cover pandemic-related shutdowns would jeopardize industry’s solvency, experts say

Share!

Insurance Information Institute - May 19, 2020

Most insurance experts believe legislative proposals that would require insurers to cover business-interruption (BI) claims stemming from COVID-19 related shutdowns, even if the insurance policies exclude pandemic-related losses, threaten the solvency of the insurance industry. This is the findi...

Read Full Article

Recommended Articles

Triple-I: Severe Convective Storms Generate More Than $50B in Insured Losses for Third Consecutive Year

Posted: Apr 12, 2026

FOR IMMEDIATE RELEASE [email protected]   MALVERN, Pa., April 14, 2026 – The Insurance Information Insti...

Triple-I: Colorado State’s 2026 Atlantic Hurricane Forecast Calls for ‘Somewhat Below Average’ Season

Posted: Apr 08, 2026

FOR IMMEDIATE RELEASE [email protected]   MALVERN, Pa., April 9, 2025 – A somewhat below average hurrica...

Triple-I Launches Legal System Abuse Awareness Campaigns in Oklahoma and Wisconsin

Posted: Apr 05, 2026

For Immediate Release Contact: [email protected]   MALVERN, Pa., April 7, 2026 – The Insurance Informati...