All the headlines from our COVID-19 Topic Page, ordered by recency.
Feb 12 2021 // Ireland’s central bank governor told insurers to urgently honor and pay valid claims related to COVID-19 disruption, following a successful test case in court last week, or risk facing legal action by the...
Feb 12 2021 // Zurich Insurance’s new capital target disappointed market expectations on Thursday, even as claims related to the COVID-19 pandemic and higher losses from natural catastrophes bit less than expected into full-year...
Feb 12 2021 // Amazon.com Inc. on Friday sued New York’s attorney general to stop the state from filing its own lawsuit over the online retailer’s early response to COVID-19, including its firing of activist Christian...
Feb 12 2021 // The Georgia state House has voted in favor of extending by one year a law that protects businesses from being sued by a person that blames them for contracting COVID-19.The protection is currently set to expire on July 14....
Feb 10 2021 // A bill filed in Texas would require business interruption insurance policies to cover losses from a pandemic. Under SB 249, filed by Sen. Charles Schwertner, business interruption insurance would be required to...
Feb 9 2021 // In a year marred by a pandemic, massive Western U.S. wildfires, civil unrest, and a contentious election, California’s surplus lines market “didn’t miss a beat.”That was the message from Ben McKay,...
Feb 9 2021 // Ty Lunsford left Casper in 1998 – seeking, as he says, “bright lights, big city.” He was raised here, and moved out of his parents’ house to go chase the action in Denver.In November, after his job at a...
Feb 9 2021 // While it obviously presented challenges, 2020 is looking like it may not have been such a bad year for workers’ compensation insurers and insureds after all.Insurers took in less premium but paid fewer claims. They...
Feb 8 2021 // Alabama lawmakers on Thursday fast-tracked a pair of pandemic bills – one to exempt coronavirus relief payments from state income tax and another to shield businesses, health care providers and others from...
Feb 8 2021 // There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according to global leaders in business, risk management and insurance.A trio of Covid-19 related risks —...
Feb 8 2021 // There were 744 announced insurance agency mergers and acquisitions in 2020, up nearly 20% from 649 reported in 2019. The surge resulted from the pent-up supply of pending transactions from earlier in the year coupled with...
Feb 8 2021 // As soon as the first community was shut down to slow the spread of the coronavirus or the first announcement of a safer at home order by a governor, some of us saw the storm of suits coming related to the loss of business...
Feb 8 2021 // Insurance Journal examined industries experiencing changes and challenges due to the COVID-19 pandemic, societal unrest and other market forces experienced in 2020. Here are 10 industry sectors that could see new and...
Feb 7 2021 // Indiana legislators are poised to finalize a fast-tracked proposal that will give a broad shield protecting businesses and others from lawsuits by people blaming them for contracting COVID-19.The proposal is a top priority...
Feb 5 2021 // Fourth quarter profit at The Hartford dipped slightly due in part to COVID-related group life insurance claims.Fourth quarter 2020 net income came in at $532 million, down 2% from fourth quarter 2019. Fourth quarter...
Feb 5 2021 // The effects of the COVID-19 pandemic will be felt by the insurance industry and its customers well into 2021 as consumers and businesses continue to face economic challenges, according to a new survey by consumer credit...
Feb 4 2021 // In his State of the State address on Feb. 2, Texas Gov. Greg Abbott advocated liability protections for businesses faced with lawsuits related to the coronavirus pandemic.In his prepared remarks, Abbott said business...
Feb 4 2021 // Workers’ compensation underwriters are about to be tested in the marketplace like never before.While the current situation is not all because of the pandemic, the pandemic has “put gas on a fire that was...
Feb 4 2021 // The vast majority of U.S. small businesses took a hit to their revenue last year because of the coronavirus pandemic, with minority-owned businesses struggling the most and worrying more about accessing credit, according...
Feb 3 2021 // Olympic officials on Wednesday unveiled the first of many COVID-19 rules for the Tokyo Games this summer, banning singing and chanting during events and mandating participants to wear masks at “all times”...