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What's happening in insurance today? From market changes and M&A activity to new coverages, the insurance industry is ever-evolving. To stay up-to-date on the business, these articles, which are updated regularly, will help insurance professionals maintain a competitive edge.

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“The small business community is looking to our industry to provide leadership to ensure there is immediate assistance available during future pandemics,” said Bob Rusbuldt, Big “I” president & CEO. (Photo: Shutterstock) “The small business community is looking to our industry to provide leadership to ensure there is immediate assistance available during future pandemics,” said Bob Rusbuldt, Big “I” president & CEO. (Photo: Shutterstock)

Without a doubt, no other disaster in the modern age has impacted businesses the way the COVID-19 crisis has in just a matter of weeks. And the prospect of facing another pandemic in the future is a terrifying one.

In response to the immense financial challenges facing U.S. operations, the National Association of Mutual Insurance Companies (NAMIC), the American Property Casualty Insurance Association (APCIA), and the Independent Insurance Agents & Brokers of America (Big “I”) proposed a new customer-focused federal program to help businesses meet the financial challenges from future pandemics.

Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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