Progressive, Travelers, USAA Latest to Offer Insureds Discounts, Other Accommodations April 9, 2020 By Andrew G. Simpson More insurers are coming forward every day with discounts, extended coverage and relaxed payment terms for insureds affected by shelter-in-place...
P/C Insurance Industry Backs New Government Fund to Help Businesses, Workers Hurt by Coronavirus Shutdowns March 31, 2020 By Andrew G. Simpson The property/casualty insurance industry has joined a broad business coalition in supporting and crafting a new federal relief fund for...
High-Flying Zoom Faces Privacy Suit Claiming It Fails to Protect User Data March 31, 2020 By Andrew G. Simpson Zoom Video Communications, which has seen its stock zoom by 115% since January, is being sued by a Sacramento user...
P/C Insurers Put a Price Tag on Uncovered Coronavirus Business Interruption Losses March 30, 2020 By Andrew G. Simpson The property/casualty industry estimates that business interruption losses from the coronavirus just for small businesses in the U.S. could be...
From Free Coverage to Medical Masks. P/C Insurers Deliver Some Good News. March 30, 2020 By Andrew G. Simpson While the property/casualty insurance industry is fighting attempts to force it to pay for the huge business income losses that...
New York Court Rules Gig Drivers Are Employees Eligible for Unemployment Benefits March 27, 2020 By Andrew G. Simpson Drivers for the online food delivery service Postmates Inc. are employees who are eligible for state unemployment insurance, New York’s...
What State Insurance Regulators Have Asked of P/C Insurers to Address Coronavirus March 25, 2020 By Susanne Sclafane and Andrew G. Simpson As state insurance regulators monitor and respond to the coronavirus impact on insurance, property/casualty insurers are calling on them to...
Insurance Makes ‘Essential Business’ List for States Restricting Commerce Due to Virus March 24, 2020 By Andrew G. Simpson Insurance industry professionals might take some pride in knowing that they are considered essential. In states where only essential businesses...
Ransomware Attacks, Funds Demanded Soared in 2019: Beazley March 24, 2020 By Andrew G. Simpson The number of ransomware attack notifications against insurance clients increased by 131 percent in 2019 and the funds demanded by...
Pressure Builds on Insurers to Be Part of Coronavirus Business Solution March 20, 2020 By Andrew G. Simpson While legislators in Washington and states try to fashion financial relief for businesses interrupted by the public health actions related...