coronavirus business interruption 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 …

Public Pressure Growing for Insurers to Be Part of Coronavirus Solution

While legislators in Washington D.C. and states try to fashion financial relief for businesses interrupted by the public health actions related to coronavirus, outside pressure is mounting on private property/casualty commercial insurers to do more than explain why insurance coverage …