The coronavirus and its impact
The coronavirus has upended lives and businesses around the globe. From business interruption and supply chain disruption to event and travel cancellations, we are only just seeing the beginning stages of COVID-19's impact. These articles provide valuable insights on insurance coverage, preparation tips and more to help individuals and businesses reduce exposures as the virus spreads.
May 15, 2020
10 worst U.S. cities for virus-related unemploymentWalletHub ranked 180 cities based on the change in the jobless rate from a year ago.
May 14, 2020
World's insurers face $203 billion in losses from the coronavirusCOVID-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.
May 14, 2020
Tax disaster claims offer pandemic relief for some property ownersRight now, at least 11 states have some sort of valuation relief or tax deferral program related to disasters.
May 14, 2020
Lawsuits spurred by the COVID-19 pandemicWhile the majority of cases concern business interruption coverage and virus exclusions, there are a couple of outliers.
May 14, 2020
Social distancing and telehealth: The impact of the coronavirusTelehealth providers need to ensure their coverage bridges a range of risks, including burgeoning cyber liabilities.
May 13, 2020
Pennsylvania bill would define COVID-19 as property damageThe proposed legislation would require insurers to pay claims that standard property policies do not typically cover.
May 13, 2020
Business interruption: How does civil authority coverage apply?Coverage Q&A: The insured's business policy containing virus coverage also has an extension for civil authority.
May 13, 2020
Evaluating business interruption claims in a post-COVID-19 worldAs insurers evaluate the costs associated with business interruption claims, the insured's documentation will play a vital role.
May 13, 2020
Common insurance terms to know with COVID-19 lawsuits on the horizonWith so many lawsuits arising out of coverage denials for coronavirus-caused losses, how terms are defined will matter.
May 12, 2020
Loss prevention tips for cargo, transportation companies hurt by COVID-19Allianz offers guidance for cargo and transportation companies in developing contingency plans in the COVID-19 pandemic.