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Judge rules businesses can sue insurers for coronavirus losses
Hannah Smith JD | August 13, 2020
This decision is the first known U.S. victory for policyholders suing their insurers for denied COVID-19-related claims.
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D.C. restaurants lose COVID-19 insurance coverage suit
Hannah Smith JD | August 12, 2020
Although the judge found that there was no 'direct physical loss' for COVID-19 closures, the decision comes with some limitations.
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Public policy post-COVID-19: TRIA or NFIP for a pandemic?
Joseph Gunset | August 10, 2020
With TRIA and the NFIP, the insurance industry has laid the groundwork for what may evolve into a federally-backed 'pandemic insurance' program.
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Swank NYC eateries sue for COVID-19 business interruption coverage
Jane Wester | August 07, 2020
These New York City destination restaurants also argue in their insurance lawsuit that pandemic safety rules rendered them non-functional.
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How COVID-19 has impacted international data privacy laws
Victoria Hudgins | August 07, 2020
Some countries are acknowledging the pandemic's business disruption by altering plans for new privacy legislation.
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IICF gets creative about giving back during COVID-19
Wendy Houser | August 07, 2020
The Insurance Industry Charitable Foundation is mixing exercise, friendly competition and team building to continue its charitable efforts.
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D&O claims grow amidst the coronavirus
Tony Jones, Jennifer Mathis and Michael Huggins | August 04, 2020
Companies’ inadequate health and safety precautions to prevent the spread of COVID-19 form just one basis for D&O claims.
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AmeriSys offers contact tracing for COVID-19
Patricia L. Harman | July 31, 2020
A managed care organization is providing employers a new way to help fight the spread of the coronavirus as businesses reopen.
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Court dismisses COVID-19 'fear cases' against Princess Cruises
Hannah Smith JD | July 21, 2020
The plaintiffs did not test positive for the virus but sought to recover damages based solely on a fear of contracting COVID-19.
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COVID-19 results in heightened environmental exposures
Mark Vuono | July 13, 2020
Most environmental policies do not cover COVID-19-related losses, but they do cover the exposures outlined here.
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Post pandemic P&C insurance: How to avoid past playbooks
Rajnil Mallik, Neeraj Sibal and Devesh Nagar | July 10, 2020
The COVID-19 pandemic catalyzed new economics and business models that will require fresh data insights. Here's what that means for insurance.
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'Pandemic speed': Managing the risks of vaccine development
Anne Bagamery | July 08, 2020
Companies at the forefront of research need to handle complex insurance issues from product liability to force majeure concerns.
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Judge orders McDonald's must improve COVID-19 employee protections
Amanda Bronstad | July 07, 2020
The first-of-its-kind ruling calls risks to employees 'severe' and potentially a 'matter of life or death.'
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Insurer wins in one of the first U.S. COVID-19 coverage rulings
Hannah Smith JD | July 07, 2020
The landmark ruling supports what insurers have argued since the start of the pandemic: COVID-19 does not cause 'physical damage.'
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10 pandemic-related challenges likely to plague employers in the future
Maggie Spell | July 03, 2020
Advance planning for these 10 potential challenges will help companies to react thoughtfully rather than impulsively.
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Verified inspections can help insurers with hurricane season in the COVID era
Craig Stack and Kyle Fox | June 23, 2020
Some forecasters are predicting an 'active' season this year with approximately 20 named storms in the Atlantic alone.
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Navigating through proof of loss requirements during the COVID-19 pandemic
Syed Ahmad and Daniel Hentschel | June 22, 2020
It is vital for insureds to pay close attention to the time limitation for submitting the proof of loss.
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Emergency response management during COVID-19
Robert Watson | June 19, 2020
Here's how to prepare for a challenge within a challenge.
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Pandemic B.I. claims: After the sound and fury, where are we now?
Max H. Stern and Jessica E. La Londe | June 18, 2020
With hundreds of coverage lawsuits pending throughout the country and more sure to come, where do we go from here?
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Cuomo faces federal lawsuit over COVID-19 restrictions
Ryan Tarinelli | June 18, 2020
According to the suit, social distancing rules are not neutral policy but instead a 'content-based regulation of First Amendment-protected activity.'
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The initial effects of COVID-19 on insurance employment
Heather A. Turner | June 17, 2020
Even amongst the pandemic's challenges, the insurance labor market has maintained relative stability.
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Macro risks and other COVID-19-related threats impacting the insurance industry
Danielle Ling | June 17, 2020
Swiss Re's 2020 SONAR report analyzes global issues impacting the P&C and reinsurance industries this year.
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7 reasons the U.S. COVID-19 picture is so fuzzy
Allison Bell | June 16, 2020
Many of the numbers from states like Arizona look fine. Others don't.
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The impact of COVID-19 on the renewable energy market
Loren Henry | June 16, 2020
Supply chain disruption out of China is one way the pandemic has affected the $184 billion renewable energy market.
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Exploring COVID-19 workers’ comp liability of Florida employers
Keith S. Howell and Kelli A. Evangelist | June 16, 2020
While many expected workers’ compensation claims are expected to increase given the pandemic, statistics show otherwise.
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COVID-19 highlights why insurers need to push for greater technology adoption
Denny Jacob | June 15, 2020
Despite all the negative consequences of COVID-19, insurance opportunities still exist for agents & brokers.
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Coronavirus update: Updated CDC guidelines, tracing apps and more
Heather A. Turner | June 15, 2020
Here is an update of coronavirus-related news from around the world on June 15, 2020.
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Empowering remote workers in a post-COVID-19 era
Vic Herring | June 12, 2020
Amidst the challenges of telework, the focus is still on maintaining and improving employee productivity.
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U.S. cities that are most, least affected by COVID-19 unemployment
Richard Binder | June 12, 2020
A new study from WalletHub reveals which cities have experienced the largest — and smallest — increases in pandemic-related unemployment.
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Interrupting the COVID-19 business interruption: Now what?
Patrick Kelahan (The Insurance Elephant) | June 11, 2020
Once operations have stabilized post-COVID-19, how can businesses refocus strategic plans for what comes next?
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The rapid increase in pandemic-related cybersecurity claims
Michele Epstein | June 11, 2020
As of the end of March, the FBI has investigated more than 1,200 complaints of COVID-19-related cybercrimes.
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How to reopen your insurance agency
Becky Schroeder | June 09, 2020
There's a lot to consider when reopening amidst the pandemic— not only are there various approaches but the stakes also are high.
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How COVID-19 will impact the 2020 hurricane season
Danielle Ling | June 09, 2020
Surprising complications from decreased air traffic is one crucial consequence of the pandemic for this year's hurricane season.
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Insurers get ready for workforce re-entry
Sam J. Friedman and Tina Witney | June 09, 2020
The past few months have shown that insurers can be remarkably flexible and imaginative.
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The 20 states most in need of post-COVID-19 loans
Richard Binder | June 05, 2020
Research indicates that residents in these states are having the most trouble making ends meet due to the pandemic.
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S&P: Small businesses still hurting despite Paycheck Protection Program
Jeff Berman | June 05, 2020
The firm found that 63% of first-round PPP loans went to industries less impacted by social distancing.
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COVID-19: The 8-step checklist for insurance agencies
Michael Jans | June 04, 2020
Will your agency rise or fall in today's crisis?
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Plaintiffs claim insurers are taking advantage of COVID-19-related delays
Robert Storace | June 03, 2020
Personal injury attorneys are accusing insurers of using COVID-19-related court closures to leverage settlements.
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How COVID-19 is reshaping risk management
Elana Ashanti Jefferson | June 03, 2020
Insurance and risk management thought leaders share insights about how the pandemic has impacted their work.
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Workers' compensation will rise to the challenge against COVID-19
Bill Donnell | June 02, 2020
This moment is a call to action for leadership in the workers' compensation system.
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Top agents offer tips for finding success in challenging times
Heather A. Turner | June 02, 2020
Travelers' 2020 Personal Insurance Agents of the Year share how they've overcome industry challenges during the coronavirus pandemic.
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COVID-19 will speed up insurer tech upgrades: Majesco CEO
Allison Bell | June 01, 2020
Adam Elster expects the crisis to slow deals now but boost sales later.
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Coronavirus update: Fear of a 'second wave,' U.S. severs WHO ties and more
Heather A. Turner | June 01, 2020
Here is a round-up of essential COVID-19-related news from around the world on June 1, 2020.
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Beware of food-related claims as vendors reopen
Patricia L. Harman | June 01, 2020
A new podcast addresses food contamination issues as restaurants emerge from lockdown.
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Survey: Concerns insurance agents must address amidst COVID-19
Heather A. Turner | May 29, 2020
A Nationwide survey reveals how the pandemic is forcing agents to answer fundamental questions about their businesses.
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Select insurers extend insurance policy refunds through June
Danielle Ling | May 29, 2020
In April, more than 82% of auto insurance companies offered policyholders refunds and credits, according to the Consumer Federation of America.
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Will COVID-19 end the Pennsylvania Workers' Comp exclusive remedy provisions?
Sherri Dougherty and Brian Dunstone | May 28, 2020
Under certain circumstances, an employee may file suit against an employer beyond a workers’ compensation claim.
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A consumer's guide to disinfecting after COVID-19
Jeffrey Gross, CR | May 27, 2020
Many companies that lack the proper training and understanding of the disinfection process are offering services they are ill-equipped to provide.
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Global recession, high unemployment among top risk concerns, report finds
Danielle Ling | May 27, 2020
The economic fallout of the COVID-19 pandemic is the top concern of risk managers and corporations in the next 18 months.
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Four reasons why 'modern' agencies were better prepared for COVID-19
Michael Jans | May 27, 2020
'Modern' agencies are advancing past 'old school' operations in the COVID-19 era.
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An integrated approach needed to safely reoccupy workplaces
Wm. Chip D'Angelo | May 26, 2020
In order to mitigate against the spread of COVID-19, a customized return-to-work plan must be unique to each building.
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AXA vows to pay COVID-19 claims after losing French court battle
Heather A. Turner | May 26, 2020
The decision could set a global precedent for coronavirus-related claims disputes.
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'Uphill battle' ahead for homeowners claiming COVID-19 losses
Anthony L. Miscioscia and Timothy A. Carroll | May 26, 2020
Recent court decisions indicate a possible battle for individuals seeking COVID-19 coverage under their homeowner insurance policies.
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Moody's: 3 long-term impacts financial services face due to COVID-19
Denny Jacob | May 25, 2020
Moody's identified three main areas that it expects will have an enduring impact on financial service providers.
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Court opinion finds COVID-19 qualifies as a natural disaster
Joann M. Lytle and Jennifer Black Strutt | May 22, 2020
A Pennsylvania Supreme Court decision may help policyholders seeking coverage for COVID-19 losses.
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How COVID-19 has impacted 10 of the largest U.S. industries
Richard Binder | May 22, 2020
Each of these industries is grappling with its own specific set of struggles but share many of the challenges.
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Insurance groups unveil the Business Continuity Protection Program
Heather A. Turner | May 22, 2020
The proposed federal program would help businesses meet the financial challenges from future pandemics.
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Insurance agency survival strategies: Lessons from COVID-19
Jeff Arnold | May 21, 2020
We were prepared to manage a business interruption event. We did not expect a revenue interruption event.
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COVID-19 caused 48% of Americans to cancel summer travel
Heather A. Turner | May 21, 2020
A new survey from ValuePenguin also reveals that U.S. consumers lost an average of $854 in nonrefundable travel costs.
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Insurance coverage for employment claims arising from COVID-19
Timothy P. Law and Esther Y. Kim | May 21, 2020
Some employers may face employment practices claims relating to how they have handled aspects of the employment relationship.
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Businesses could face liability if employees test positive for coronavirus
Dave Chmiel and Thomas Steinbrenner | May 20, 2020
The question is no longer IF COVID-19 will become a business issue, but how to prevent it from becoming a significant one.
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Insurance Speak: Business interruption claims & COVID-19
Patricia L. Harman | May 20, 2020
Erik Josowitz of InsuranceQuotes.com talks about the role of BI insurance for businesses forced to close due to the coronavirus.
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Restaurant owners face new liabilities as a result of COVID-19
Denny Jacob | May 19, 2020
Workers' compensation, employment practices and liquor liability look much different in the age of COVID-19.
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Staying nimble is key for insurance agents post-COVID-19
Philip Charles-Pierre | May 19, 2020
The insurance landscape will shift as regions begin to open up and small businesses come back online.
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Employer perspectives and priorities during a pandemic
Kimberly George and Mark Walls | May 19, 2020
Three industry experts discussed the major issues facing the public entity, health care and restaurant industries.
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Coronavirus update: Insurers report losses, countries reinstate lockdowns and more
Heather A. Turner | May 18, 2020
Here is a round-up of essential COVID-19-related news from around the world on May 18, 2020.
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House passes $3T stimulus package but Senate passage unlikely
Melanie Waddell | May 18, 2020
While the legislation is unlikely to pass in the Senate, political strategists say a toned-down bill will get done.
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Access to care and return-to-work safety during a pandemic
Kimberly George and Mark Walls | May 18, 2020
Three industry experts discussed how businesses can prioritize workforce safety through strategic planning.
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How insurer innovation is supporting adjusters during the pandemic
Samir Gulati | May 18, 2020
The property & casualty industry has benefited by stepping up innovation during the COVID-19 crisis.
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Evaluating how legislation responds to business interruption
Heather A. Turner | May 15, 2020
The proposed COVID-19 business interruption bills have arguably been the most controversial topic surrounding the pandemic.
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10 worst U.S. cities for virus-related unemployment
Michael S. Fischer | May 15, 2020
WalletHub ranked 180 cities based on the change in the jobless rate from a year ago.
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World’s insurers face $203 billion in losses from the coronavirus
Benjamin Robertson | May 14, 2020
COVID-19 claims are on a par with some of the most catastrophic events of recent years and could rise further if the virus isn’t contained, says Lloyd’s.
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Tax disaster claims offer pandemic relief for some property owners
Les Shaver | May 14, 2020
Right now, at least 11 states have some sort of valuation relief or tax deferral program related to disasters.
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Lawsuits spurred by the COVID-19 pandemic
Hannah Smith JD | May 14, 2020
While the majority of cases concern business interruption coverage and virus exclusions, there are a couple of outliers.
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Social distancing and telehealth: The impact of the coronavirus
Jennifer Schoenthal | May 14, 2020
Telehealth providers need to ensure their coverage bridges a range of risks, including burgeoning cyber liabilities.
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Pennsylvania bill would define COVID-19 as property damage
Hannah Smith | May 13, 2020
The proposed legislation would require insurers to pay claims that standard property policies do not typically cover.
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Business interruption: How does civil authority coverage apply?
FC&S Editors | May 13, 2020
Coverage Q&A: The insured's business policy containing virus coverage also has an extension for civil authority.
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Evaluating business interruption claims in a post-COVID-19 world
Clara Park and Todd Bailey | May 13, 2020
As insurers evaluate the costs associated with business interruption claims, the insured’s documentation will play a vital role.
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Common insurance terms to know with COVID-19 lawsuits on the horizon
Denny Jacob | May 13, 2020
With so many lawsuits arising out of coverage denials for coronavirus-caused losses, how terms are defined will matter.
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Loss prevention tips for cargo, transportation companies hurt by COVID-19
Danielle Ling | May 12, 2020
Allianz offers guidance for cargo and transportation companies in developing contingency plans in the COVID-19 pandemic.
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Restaurant seeks fast-track ruling on COVID-19 insurance coverage
Max Mitchell | May 12, 2020
This is one of 'hundreds, if not thousands, of lawsuits' filed by businesses in Pennsylvania seeking to recover losses.
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Top health and safety concerns for reopening businesses
Heather A. Turner | May 12, 2020
Until the U.S. achieves widespread testing, the risk of spreading the coronavirus remains high.
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Alert clients, colleagues to these COVID-19 insurance scams
Elana Ashanti Jefferson | May 11, 2020
Seniors and remote workers are both being targeted by scammers who play on people’s pandemic fears.
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COVID-19 supercharged insurance industry digital adoption
Jason Verlen | May 11, 2020
The pandemic catalyzed carriers to reset priorities and accelerate greater adoption of digital tools for claims processing.
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Advice for independent agents in the COVID-19 crisis
PC360 Staff Writer | May 11, 2020
A 30-year industry veteran shares insights on how agents can overcome the challenges of the pandemic.
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New COVID-19 report shows outbreak continuing to smolder
Allison Bell | May 08, 2020
The number of new cases fell in many states but increased in some.
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How insurers and brokers are working together during the pandemic
Heather A. Turner | May 08, 2020
The COVID-19 crisis hasn't changed the number-one priority for brokers and insurers — serving clients.
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Ask the experts: The impact of COVID-19 on workers' compensation
Kimberly George and Mark Walls | May 07, 2020
Three industry experts answered audience questions regarding the impact of COVID-19 on workers' compensation.
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The push to digitize insurance amid COVID-19
Terry Rowinski | May 07, 2020
Maybe finding new ways to serve your clients now helps show why what you do matters.
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Three cybersecurity considerations for business clients in the COVID-19 era
Catherine Rudow | May 06, 2020
Sixty-five percent of small-business owners said they have been a victim of a cyberattack in a recent survey.
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10 states most impacted by COVID-19 social distancing
Denny Jacob | May 06, 2020
These 'social' states are feeling the impact of COVID-19 more than their less social neighbors.
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Coalition proposes Recovery Fund to help businesses during COVID-19
Mike Becker | May 05, 2020
The Recovery Fund is modeled after the September 11th Victim Compensation Fund operated by the federal government.
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COVID-19 cyber threats: A checklist for a remote workforce
Tomas Suros | May 05, 2020
As more employees work remotely amidst the COVID-19 pandemic, businesses must revisit and revise their cyber defense measures.
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Coronavirus update: Vaccine testing, regions return to 'normal life' and more
Heather A. Turner | May 04, 2020
Here is a round-up of essential COVID-19-related news from around the world on May 4, 2020.
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Tech-savvy fraudsters are filing false insurance claims
David B. Smith | May 04, 2020
The accessibility of videoconferencing apps has led to the quick adoption of telemedicine but these technologies are also increasing fraud.
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Managing risk as businesses reopen after COVID-19
Patrick Kelahan (The Insurance Elephant) | May 04, 2020
Should the assumption of risk and liability be a concern for reopening businesses?
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How COVID-19 may affect future auto insurance premiums
Laura Adams | May 01, 2020
How might the pandemic impact auto premiums over the long term? There are many factors at play.
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A better workers' comp system: The silver lining of COVID-19?
John C. Peters, Ph.D., and Mary O’Donoghue, RN | May 01, 2020
Here are three consequences of the coronavirus pandemic that can fuel positive change in the current workers' comp structure.
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COVID-19: Business owners preparing for changes in operations
Scott H. Steinmetz, P.E. | May 01, 2020
Companies with changed operations as a result of the coronavirus need to consider the new risk exposures.
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Top 12 industries most at risk for job losses
Michael S. Fischer | April 30, 2020
Insurance clients in these fields face a moderate to high risk of pandemic-related layoffs, according to Moody's Analytics.
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California’s virus war collides with its other crisis: Wildfires
David R. Baker and Mark Chediak | April 30, 2020
The COVID-19 pandemic complicates preparations for blazes that arrive with vengeance every year.
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COVID-19: How insurance brokers can best serve small-business clients
Alex Pisani | April 29, 2020
Insurance agents and brokers who partner with HR experts offer clients a valuable resource during these turbulent times.
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U.S. economy shrinks 4.8% in Q1, signaling start of a recession
Katia Dmitrieva | April 29, 2020
It's the first quarterly economic contraction since 2014 and the biggest since 2008.
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Combating cyber risks in the time of COVID-19 remote work
Nicholas M. Cushmore and Margaux Weinraub | April 28, 2020
The pandemic has provided cybercriminals with an opportunity to seize on widespread uncertainty.
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Insurance considerations for cargo owners during COVID-19
Jose Guerrero | April 28, 2020
How will COVID-19 impact marine cargo insurers and insureds during and after the pandemic?
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Aon cuts salaries of executives, 70% of employees amid COVID-19 crisis
Heather A. Turner | April 28, 2020
In a letter announcing the salary reductions, CEO Greg Case said 'no one at Aon is going to lose their job because of this COVID-19 outbreak.'
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How affected workers can maximize the benefits of unemployment insurance
Autumn Cafiero Giusti | April 28, 2020
Here's what workers need to know so they can make the most of the new unemployment benefits created by the CARES Act.
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Coronavirus update: States begin reopening, eased restrictions worldwide and more
Heather A. Turner | April 27, 2020
Here is a round-up of essential COVID-19-related news from around the world on April 27, 2020.
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California's State Fund to cover workers' COVID-19 costs
Karen Sorrell | April 27, 2020
To qualify for benefits, California workers must provide a confirmed positive test for COVID-19.
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Insurance tips for 'pandemic puppies'
Elana Ashanti Jefferson | April 24, 2020
Stay-at-home orders during the COVID-19 outbreak prompted many families to get a new pet. Here's what they need to know about insurance.
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InsurTech advances minimize coronavirus upheaval
Mike Kratzer | April 24, 2020
The current remote-work environment highlights the need for insurance carriers and agents to step up integration of emerging technologies.
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6 types of employment lawsuits to expect in the wake of COVID-19
Emily Payne | April 24, 2020
Employers should pay close attention to these categories to ensure their actions don't trigger more trouble down the road.
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NAIC working group approves flexible COVID-19 accounting rules
Allison Bell | April 23, 2020
The panel says grace periods for COVID-19 victims may have to be longer than the grace periods for big hurricanes.
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Workplace safety for COVID-19 essential workers
Rosalie Donlon | April 23, 2020
Sound risk management policies continue to be the key to keeping essential workers safe on the job.
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Senate passes relief bill, funding for small-business loans
Melanie Waddell | April 22, 2020
The bill includes $320 billion for the Paycheck Protection Program, which ran out of money last week.
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Homeowners insurance coverage for COVID-19 cleanup
FC&S Editors | April 22, 2020
Coverage Q&A: Does insurance cover the costs to sanitize the insured's home after it was exposed to the coronavirus?
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Business coverage disputes could tar all insurers
James Quiggle | April 22, 2020
Perceived unfairness over coverage for struggling businesses may rationalize revenge scamming of all insurers.
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Pandemic Risk Insurance Act and the future of business interruption insurance
Zachary Lerner | April 21, 2020
What is PRIA, and how may it help mitigate the damages caused by the coronavirus pandemic?
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CEO perspective: Business continuity during COVID-19
Kimberly George and Mark Walls | April 21, 2020
A special edition of the Out Front Ideas series discussed the challenges businesses are facing and how they are adapting.
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Coronavirus update: Protests erupt, insurance coverage lawsuits and more
Heather A. Turner | April 20, 2020
Here is a round-up of essential COVID-19-related news from around the world on April 20, 2020.
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Class actions filed against six insurers over COVID-19 coverage
Amanda Bronstad | April 20, 2020
Lawyers say these six insurers denied business interruption claims filed by thousands of U.S.-based small businesses.
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Stimulus loans: Tips for small insurance businesses
Janet Levaux | April 20, 2020
Experts explain the pros and cons of the federal relief loan program in a free webcast.
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D&O insurance may help non-public companies with COVID-19 claims
Daniel I. Wolf | April 17, 2020
Non-public companies should review their D&O policies when evaluating coverage that may respond to COVID-19-related losses.
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How to better manage P&C claims amid social distancing
Maneesh Madan | April 17, 2020
Accelerating a move to the cloud and AI is the need of the hour for insurers.
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How state insurance departments are responding to COVID-19
Christine G. Barlow, CPCU | April 16, 2020
Here are the orders and procedures released by state insurance departments during the coronavirus pandemic.
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Dealing with workers' compensation in the wake of COVID-19
Max Koonce | April 16, 2020
The onset of the coronavirus pandemic has thrown workers' compensation claims and the return to work process into uncertainty.
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COVID-19 spotlights the benefits of usage-based insurance
Greg Donaldson | April 16, 2020
Now is the time to consider full-scale adoption of UBI to help combat the unexpected, create customer transparency, and reduce carrier expenses.
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Post-COVID-19 claims trends: What to expect
Chris Tidball | April 16, 2020
Other crises can provide some insight into how claims organizations could be affected in the wake of the coronavirus.
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Proposed business interruption bills could lead to disaster, says insurance leaders
Heather A. Turner | April 16, 2020
According to PIA, the proposed legislation would exacerbate existing disruptions and further delay economic recovery.
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Navigating ALE coverage during COVID-19 stay-at-home orders
FC&S Editors | April 15, 2020
Coverage Q&A: With stay-at-home orders in place, how will insurers respond to additional living expense coverage?
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What insurance businesses need to know about the CARES Act
Rick Grimaldi and Luke McDaniels | April 15, 2020
The CARES Act establishes several new avenues for businesses to combat the financial repercussions of the COVID-19 crisis.
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New Jersey offers grace period for insurance premium expenses
Adam Budesheim | April 15, 2020
An executive order from the governor allows installment payments over the next year.
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Neglecting idle facilities amid COVID-19 will cost companies, warns FM Global
Kevin Ingram | April 14, 2020
As offices, plants and warehouses close to slow the spread of COVID-19, other risks are emerging at these now-idle facilities.
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How top auto insurers rank for COVID-19 premium refunds
Elana Ashanti Jefferson | April 14, 2020
One top car insurance carrier received an 'F' from the Consumer Federation of America for its premium refund response. Other insurers have done nothing.
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D&O and EPLI underwriting will look different after COVID-19
Manny Cho | April 13, 2020
Agents placing or renewing D&O and EPLI coverage should be prepared to answer new pandemic-related questions.
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How insurance companies are giving back during COVID-19
Heather A. Turner | April 13, 2020
Here's how 10 P&C insurance companies are supporting local communities and customers during the fight against the coronavirus.
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Following passage of CARES Act, insurance groups call for COVID-19 fund
Denny Jacob | April 13, 2020
Leaders and groups from around the insurance industry issued statements regarding the CARES Act.
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What small businesses should know about COVID-19 stimulus loans
Janet Levaux | April 10, 2020
Small businesses need to apply as soon as possible for federal funds available through the Paycheck Protection Program.
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These states introduced COVID-19 business interruption coverage bills
Heather A. Turner | April 09, 2020
More and more states are introducing legislation that would compel insurers to cover coronavirus-caused business losses.
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State of insurance rating: COVID-19 weather report
Laird Rixford | April 09, 2020
This report from ITC provides agencies and carriers a general baseline of their operations. amidst the coronavirus pandemic.
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Will the New York labor law apply to coronavirus claims?
Cheryl Fuchs and Doug Rosenzweig | April 09, 2020
At the outset, a laborer would have to make a showing that they contracted the virus at the jobsite.
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Calif.: Immigrant workers eligible for COVID-19-related WC benefits
Denny Jacob | April 28, 2020
The order includes workers engaged in front-line occupations such as health care, emergency services, food production and more.
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For independent agents, the time to plan is now
Tony Caldwell | April 20, 2020
Agencies should begin their crisis plans now to not only survive the COVID-19 disruption but also accelerate recovery and growth.
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COVID-19, business interruption and bad faith litigation
Cheri Trites-Versluis | April 14, 2020
Insurers must investigate and evaluate each policyholder's COVID-19 claim and then thoroughly explain coverage determinations.
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Wimbledon's pandemic insurance coverage results in $141M payout
Heather A. Turner | April 10, 2020
The renowned tennis tournament is set to receive around $141 million after paying for pandemic insurance coverage for nearly 20 years.
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5 states most, least vulnerable to COVID-19's financial effects
Marlene Satter | April 10, 2020
WalletHub looked at the economic factors of COVID-19 and ranked the states that would be most — and least — affected economically.
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Managing employer risk in the age of the coronavirus - Part 2: Creating a plan
Ian A. Stewart and Jana Farmer | April 10, 2020
Employers' infectious disease programs should consider worker exposures and provide contingencies for a variety of scenarios.
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Managing employer risk in the age of the coronavirus - Part 1
Ian A. Stewart and Jana Farmer | April 09, 2020
Companies that address federal and state worker safety obligations could see fewer claims and fare better in litigation.
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What the FDA has to say about food safety amid COVID-19
David Fiske and Lori Hunter | April 16, 2020
Here's what food manufacturing clients should understand about food safety during the coronavirus pandemic.
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COVID-19's management liability insurance concerns
Joseph P. Monteleone | April 15, 2020
The insurance industry is only beginning to see the legal implications of the global novel coronavirus crisis.
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Coronavirus update: USPS at risk, vaccines in development and more
Heather A. Turner | April 13, 2020
Here are the essential coronavirus-related news pieces from around the world on April 13, 2020.
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7 steps to prepare for the coronavirus claim tsunami
Louie Castoria | April 13, 2020
The waves of claims are on the horizon, but following these tips will help insurers be prepared.
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Auto insurers refund customers after 'unprecedented' driving slump
Katherine Chiglinsky | April 09, 2020
Several insurers are returning some money to customers as widespread shutdowns from the coronavirus cut down on driving.
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Guidance for construction contractors mitigating coronavirus risks
Warren E. Friedman | April 08, 2020
Contractors should evaluate whether existing insurance policies provide coverage for coronavirus-related losses.
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COVID-19 tax issues: Deducting casualty losses
Jason Gilbert | April 07, 2020
When businesses face new threats like COVID-19, there are always questions about the tax treatments of business losses.
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Here we go again: Virus exclusion for COVID-19 and insurers
Richard P. Lewis, John N. Ellison and Luke E. Debevec | April 07, 2020
Should insurers be able to avoid coverage for the coronavirus through the use of the virus exclusion?
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Agile practices to help insurers maintain operations during COVID-19
John T. Anderson | April 07, 2020
The quantum leap toward virtual collaboration that occurred in recent weeks may permanently change the way we work.
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Business insurance coverage in the COVID-19 era
Paula E. Litt and Sara Brundage | April 07, 2020
Recovering business income losses will depend on whether contamination due to COVID-19 constitutes the physical loss of or damage to property.
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How COVID-19 impacts the top geopolitical risks of 2020
Heather A. Turner | April 07, 2020
How the coronavirus impacts these threats will shape the international political risk landscape of 2020.
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Coronavirus update: Unemployment rises, global stimulus packages and more
Heather A. Turner | April 06, 2020
Here are some of the latest coronavirus-related news developments from around the world on April 6, 2020.
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COVID-19 puts the workers' compensation system to the test
Denny Jacob | April 06, 2020
Workers' compensation insurers may soon experience a torrent of claims and lawsuits related to the coronavirus.
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Event cancellation: Tips for hosts in the wake of COVID-19
Heather A. Turner | April 06, 2020
As many insurance events face cancellations or postponements, here's how hosts can make the changes as seamless as possible.
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In the moment of truth, insurance is standing strong
Deb Smallwood | April 03, 2020
Amidst the spread of COVID-19, insurance is in a unique place to serve as a safety net for society.
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The Families First Coronavirus Response Act: What employers should know
Lorena E. Ahumada and John Schapiro | April 03, 2020
The Act went into effect on April 1. How will it impact insurance employers?
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Travelers speeds up commissions during pandemic
PC360 Staff | April 03, 2020
The company intends to accelerate more than $100 million in commission payments to eligible agents and brokers.
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COVID-19: How to manage your personal automobile
Laura Adams | April 02, 2020
Follow these safety tips to stay safe on the roads during the pandemic and minimize your risk of picking up the virus.
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Coronavirus implications for insurance
Scyld Anderson | April 02, 2020
Determining coverage for a loss will depend on the policy language and its interpretation.
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Navigating our strange new world
Rosalie Donlon | April 01, 2020
There is likely to be a new version of normal for us all in the wake of COVID-19 and its economic fallout.
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How to heed privacy law in the midst of a pandemic
Alaina Lancaster | April 01, 2020
Coronavirus hasn’t dismantled privacy protections in GDPR, CCPA and other privacy laws, yet.
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6 InsurTechs helping gig economy workers during the pandemic
Sarah Kocianski | March 31, 2020
The impact of COVID-19 on gig economy workers as well as small businesses has been devastating.
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The availability of insurance coverage for immediate coronavirus losses
Robin L. Cohen, Marc T. Ladd and Alexander M. Sugzda | March 31, 2020
There can be no debate that the presence of COVID-19 can make a business uninhabitable, unusable or unsafe.
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COVID-19: Business overhead expense insurance considerations
Jason Gilbert | March 31, 2020
From a tax and insurance perspective, BOE insurance is one area business owners need to consider during a crisis.
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Coronavirus hits weddings, spurs fights over insurance policies
Hailey Waller | March 31, 2020
Weddings are now hard to find in the age of the coronavirus.
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What to say to your clients, employees during a pandemic
Gary Kimball | March 30, 2020
It's not the time for silence.
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Fitch Ratings outlook for P&C, global reinsurance negative due to COVID-19
Denny Jacob | March 31, 2020
The outlook revision is due to concerns over COVID-19 and related impacts on the credit quality of reinsurers.
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Coronavirus update: Tri-state travel warnings, CARES Act and more
Heather A. Turner | March 30, 2020
Here is an update on some of the biggest coronavirus-related news on March 30, 2020.
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Insurers worry virus-linked costs may reach $383B a month
Katherine Chiglinsky | March 30, 2020
The battle over business-interruption losses is heating up.
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How insurers can use big data to manage the COVID-19 pandemic
Jacqueline Legrand | March 27, 2020
Caught between higher demand and tightening supply, insurers look to technology to compute adequate rates and come up with new types of coverage.
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House passes $2.2 trillion coronavirus relief bill
Melanie Waddell | March 27, 2020
The bill, passed by voice vote, now goes to President Trump's desk.
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Expect coronavirus-related insurance frauds to rise
Matthew J. Smith, Esq. | March 27, 2020
Previous economic downturns have resulted in a marked increase in scams, and insurers should beware.
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How insurance agents are helping clients through the pandemic
Heather A. Turner | March 27, 2020
Here's how some brokers are handling business during the coronavirus, including a video with PIA's CEO and member agents.
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What is physical damage, and does COVID-19 cause any?
Christine G. Barlow, CPCU | March 27, 2020
When policies don’t define a term, courts generally refer to a standard dictionary.
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Cruise ship insurers: Staying afloat in COVID-19’s wake
Joyce Anne Grabel | March 26, 2020
The $45-billion cruise industry is at the forefront of the crisis, and recent lawsuits are just the tip of the iceberg.
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Our commitment during the coronavirus pandemic
Heather A. Turner | March 24, 2020
As the insurance industry learns to navigate coronavirus challenges, our coverage is here to help.
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The real impact of COVID-19 on workers' compensation
Mark Walls | March 26, 2020
COVID-19 will impact the workers’ compensation industry well beyond claims related to the virus.
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Senate passes $2.2T stimulus package
Melanie Waddell | March 26, 2020
Lawmakers, however, are already calling for more.
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Coronavirus update: Border closures, 'stay-at-home' orders and more
Heather A. Turner | March 23, 2020
Here is an update on the latest COVID-19-related news from around the world on March 23, 2020.
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Coronavirus coverage under a CGL policy
FC&S Editors | March 25, 2020
Coverage Q&A: Is business interruption coverage included in the insured's commercial general liability policy?
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COVID-19: NJ holds bill compelling insurers to pay business claims
Suzette Parmley | March 25, 2020
Proposed legislative would support small business owners who have lost income due to the novel coronavirus.
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Consider insurance ‘during’ and ‘after’ COVID-19 (before it’s over)
Patrick Kelahan (The Insurance Elephant) | March 24, 2020
How will the COVID-19 outbreak affect risk management business?
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The InsurTech response to COVID-19
Elana Ashanti Jefferson | March 24, 2020
PC360 asked insurance technologists how they're weathering the novel coronavirus crisis.
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Construction industry feeling impact from COVID-19 slowdown
Lisa Brown | March 23, 2020
Expect an increase in claims related to contractual scheduling along with mediations, arbitrations and litigation over construction delays.
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Ways to stress test your insurance business for coronavirus impact
Lloyd Lofton | March 23, 2020
Stress testing what you know about your business now can help when navigating a crisis.
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COVID-19 cases hit the courts
Amanda Bronstad | March 20, 2020
The coronavirus outbreak has already spawned multiple lawsuits — and class actions are no exception.
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Coronavirus work-from-home response a boon for cybercriminal exploitation
Mark Sangster | March 20, 2020
As workforces take up social distancing to shelter at home, the risk of attacks against corporate remote access systems goes up.
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What the coronavirus can teach us about fighting insurance fraud
Matthew J. Smith, Esq. | March 19, 2020
It is vital that insurers share more information, avoid fraud-spreading practices and never surrender to scammers.
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COVID-19 cases could skyrocket to 600K–2M by April 1, AIR projects
Danielle Ling | March 19, 2020
The coronavirus pandemic will only worsen, experts warn. New modeled projections from AIR estimate just by how much.
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Senate passes bill for sick leave, free testing
Melanie Waddell | March 19, 2020
The next step, getting money to Americans, has sparked disagreement.
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10 states responding most aggressively to the coronavirus threat
Emily Payne | March 18, 2020
States are taking the threat of COVID-19 seriously, and some are acting swiftly and decisively to stop the virus in its tracks.
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First coronavirus coverage suit filed for business interruption
Randy Maniloff | March 19, 2020
A La. lawsuit will play an important role in determining the potential availability of business interruption coverage for coronavirus-caused losses.
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An insurance pro's practical guide to 'black swan' events
Gary Pearce | March 19, 2020
How would you have prepared a couple of months back had you known that business and society was about to be impacted by a global crisis?
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In response to COVID-19, Sedgwick expands crisis services
Heather A. Turner | March 19, 2020
From 24/7 nurse triage services to writing cleaning protocols, Sedgwick has announced new offerings in response to the coronavirus outbreak.
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Does insurance cover COVID-19 sanitation costs?
FC&S Editors | March 18, 2020
Coverage Q&A: Many businesses are going above and beyond to clean and sanitize their premises to protect against the coronavirus.
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COVID-19: Insurance coverage for the energy, manufacturing industries
Pamela D. Hans and Nicholas R. Maxwell | March 18, 2020
The coverage perhaps most important for energy and manufacturing companies right now: contingent business interruption.
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Class action filed against China over COVID-19 outbreak
Amanda Bronstad | March 18, 2020
Lawsuits have begun related to the global COVID-19 outbreak. This one alleges Chinese authorities 'proverbially put their head in the sand.'
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AM Best to release pandemic-related stress test for insurers
Heather A. Turner | March 18, 2020
To gauge COVID-19's impact on the industry, AM Best announced that it is developing stress testing to conduct on insurers' balance sheets.
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Can Fido catch COVID-19?
Heather A. Turner | March 17, 2020
The coronavirus has been a source of concern for pet owners around the world. One expert shares what pet owners should know — and do.
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Don't let the coronavirus deprive us of our common sense
Patricia L. Harman | March 16, 2020
Care and precautions make sense, but panic is not the best response to the coronavirus.
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RIMS 2020 Annual Conference & Exhibition canceled
Elana Ashanti Jefferson | March 16, 2020
Government agency direction to limit large gatherings amidst the COVID-19 outbreak spurred the decision.
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Special events insurance for coronavirus cancellations
Michael Giusti | March 13, 2020
While insurers are still writing cancellation policies, nearly every one that is currently offered is sure to have specific exclusions for COVID-19.
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Trump to declare national emergency over coronavirus
Melanie Waddell | March 13, 2020
The move would open the door to more federal aid for states and municipalities.
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U.S. P&C insurers face 'limited exposures' from coronavirus
Heather A. Turner | March 13, 2020
Carefully worded policy exclusions will help limit P&C insurers' risks — but not entirely.
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Wading through the coronavirus maze
Patricia L. Harman Danielle Ling | March 12, 2020
A new podcast from FC&S and PropertyCasualty360.com highlights some of the issues for insurers surrounding COVID-19.
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Trump restricts travel from Europe, offers aid for businesses
Justin Sink, Jennifer Jacobs and Saleha Mohsin | March 12, 2020
In his address, Trump claimed that his early action to restrict travel from China slowed the spread of the coronavirus in the U.S.
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COVID-19: More than a health threat
Rod Hughes | March 12, 2020
The coronavirus has put companies' brands and reputations at risk, but a strong crisis communications plan can help mitigate damage.
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Coronavirus: How to advise commercial insurance clients
April Boyer and Claire Flowers | March 11, 2020
Employers can take these steps to address potential or actual COVID-19 occurrences in the workplace.
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NAIC cancels in-person spring meeting due to coronavirus concerns
Allison Bell | March 11, 2020
The state regulator group will move the proceedings to a virtual format.
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Couple aboard the Grand Princess is suing over virus quarantine
Michael A. Mora | March 11, 2020
Two Florida passengers, who were stuck on a coronavirus-stricken cruise ship, are seeking more than $1M in damages.
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What you need to know about coronavirus and supply chains
Barbara Chang | March 10, 2020
The COVID-19 outbreak is disrupting supply chains for computers, electronics, vehicles and more.
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Insurance may cover these coronavirus-related scenarios
Anita Byer | March 10, 2020
While commercial insurance is not designed to protect against illnesses, standard policies may provide limited coverage.
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Coronavirus update: States declare emergencies, Italy lockdown and more
Heather A. Turner | March 09, 2020
Here are the latest coronavirus updates from around the world on March 9, 2020.
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'Bleak' outlook ahead for some global companies as virus spreads
Phillip Bantz | March 09, 2020
Some global companies are losing about $71K a day, among other losses, as a result of the coronavirus, a new survey shows.
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Trump signs $7.8 billion virus bill after infections increase
Erik Wasson and Justin Sink | March 06, 2020
The measure reimburses local governments for the cost of preparing for the virus as well as a $500M investment in telehealth programs.
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Pandemic checklist: How individuals and businesses can prepare
FC&S Editors | March 05, 2020
Here are several recommended precautions to take to help prevent and cope with the spread of the coronavirus and other infectious diseases.
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Coronavirus fraud: A guide to potential schemes
Ryan McConnell and Matthew Boyden | March 03, 2020
Fear and confusion create a climate ripe for fraud. Here are some potential schemes company leaders and risk management executives should prepare for.
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Assessing the personal impact of the coronavirus
Patricia L. Harman | March 02, 2020
Claims arising from COVID-19 are likely to affect just about every line of insurance, but it’s people who are paying the highest price.
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Airlines upended with coronavirus posing ‘9/11-type’ travel risk
Esha Dey | February 28, 2020
The virus outbreak has the potential to hurt upcoming peak travel periods, threatening airline profits.
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Will travel insurance cover coronavirus?
Autumn Cafiero Giusti | February 25, 2020
With continued flight cancellations and imposed travel restrictions, it's important to know what travel insurance covers.
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Notes from China: As the virus spreads, keep calm and carry on
Anna Zhang | February 24, 2020
Law.com International's Hong Kong bureau chief describes her experience while visiting family in mainland China during the coronavirus outbreak.
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Chinese companies seeking contract exemptions amid outbreak raise new concerns
Sue Reisinger | February 20, 2020
Experts say outside companies have just three options when handling Chinese force majeure claims.
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Coronavirus outcomes range from pandemic to new flu, experts say
Robert Langreth and Michelle Cortez | February 19, 2020
Even as the number of new cases appears to ebb, experts say they’re preparing for a future that past pandemics have only hinted at.
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For businesses suffering from coronavirus losses, insurance may offer a remedy
Walter J. Andrews and Cary D. Steklof | February 12, 2020
Around the world, travel and events have been postponed or canceled and supply chains have been disrupted as a result of the outbreak.
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Coronavirus spurs ISO to provide business interruption endorsement
Christine G. Barlow, CPCU | February 10, 2020
Coverage is for loss of business income or extra expenses incurred because the civil authority ordered a closing to prevent the spread of disease.
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Is the coronavirus a covered insurance loss?
Patricia L. Harman | February 03, 2020
As the pandemic grows, insurers could see resulting claims from such sectors as health, workers' comp and travel.