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News from CNA, Sompo International, Kinsale Capital Group, K2 Insurance Services, Hanover, Willis Towers Watson and more.
Here is an update on some of the biggest coronavirus-related news on March 30, 2020.
COVID-19 will impact the workers' compensation industry well beyond claims related to the virus.
As the COVID-19 pandemic rages on across the globe, the airline industry continues to be the most devastated sector thus far.
To gauge COVID-19's impact on the industry, AM Best announced that it is developing stress testing to conduct on insurers' balance sheets.
In his address, Trump claimed that his early action to restrict travel from China slowed the spread of the coronavirus in the U.S.
Circium's review is designed to raise the benchmark by encouraging airlines and airports to invest in their customers.
While commercial insurance is not designed to protect against illnesses, standard policies may provide limited coverage.
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.
The virus outbreak has the potential to hurt upcoming peak travel periods, threatening airline profits.