American Property Casualty Insurance Association (APCIA) News

Insurers’ Estimates of Coronavirus Business Interruption Claims Questioned

U.S. property and casualty insurers have cast the coronavirus pandemic as an unprecedented event whose massive cost to small businesses they are neither able nor required to cover. The industry has warned it could cost them $255 billion to $431 …

Insurers Back Government Fund for Employers, Workers Hurt by Virus Shutdowns

The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for businesses and workers affected by the quarantine and stay-at-home measures necessitated by the coronavirus crisis. The new relief vehicle, the …