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A crane operator had a side hustle for years before he was injured. However, the COVID-19 pandemic drove away both clients and profits from the gig in the months leading up to a debilitating injury.
This potentially unsettling phenomenon is poised to rise from a confluence of factors, including skyrocketing insurance costs.
Long COVID is considered a disability under a variety of federal acts.
The U.S., China and Japan would be the hardest hit if the hypothetical, but plausible, scenario unfolded, according to the London market.
Heading into September, nearly 100 federal lawsuits were filed against property and casualty insurers, according to Law.com Radar.
Small business struggles mean many are seeking stronger insurance solutions, says the insurtech Counterpart.
Considering all of the personal identifiable information insurers collect and store, cyber safeguards are imperative.
The sector's success is largely pegged to a favorable pricing environment and growing demand from hard to place risks.
Insurance industry news from McGill and Partners, Verisk, Duck Creek Technologies and more.
BlackRock reports 62% of insurance investors feel the greatest opportunities will come from the transition to clean energy infrastructure.
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