Costs to insurers from widespread riots could be catastrophic. The novel coronavirus outbreak is affecting wildland firefighting, disaster recovery plans, agricultural workers and reinsurers …Read Edition
The novel coronavirus outbreak is hampering disaster-relief agencies and will likely disrupt the upcoming wildland firefighting season. In other news, profits for property-and-casualty insurers grew significantly last quarter …Read Edition
Washington's Office of the Insurance Commissioner said forcing insurers to pay coronavirus business interruption claims would create astronomical costs. In other news, wildfire season in Washington is expected to be severe …Read Edition
Global average commercial insurance prices increased 14% in the first quarter of 2020, but not because of the novel coronavirus outbreak. Plus, Congress debates business liability protection and more stories …Read Edition
A worst-case scenario estimates property and casualty coronavirus losses could exceed $80 billion. A best-case scenario pegs losses closer to $11 billion. Tornadoes, self-driving cars and more stories …Read Edition
Lawsuits are filed over business interruption coverage for coronavirus outbreak losses. Questions arise over how college sports will survive the pandemic. Consumer groups want bigger auto insurance discounts and more stories …Read Edition
Businesses may face lawsuits from employees and customers once the economy re-opens; data shows some parts of the West are burning every seven years on average and more stories …Read Edition
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