WASHINGTON—The primary impact of the Ebola epidemic “crisis” on U.S. property and casualty insurers will be on companies writing workers compensation insurance, according to a new study by the Insurance Information Institute.
In a paper written by Dr. Dr. Steven Weisbart, senior vice president & chief economist, the III said the WC category will likely be most affected because health-care workers could be most directly exposed (as happened in Texas and in several African countries).
Other possible effects might be on various liability insurance lines, such as general liability, directors & officers (D&O) liability and medical malpractice (Med Mal) liability, Weisbart said in his paper.
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