Insurance News from April 16, 2020
National News
Why Leaders Need to Resist Rewriting Insurance Contract Language
Soon after the attacks on the World Trade Center and other locations on the morning of...
Chubb CEO Greenberg Warns Retroactive Measures Would ‘Bankrupt’ Insurance Industry
Analysts See Auto Insurers’ Coronavirus Rebates As a Solid Short-Term Move
Rising Sea Levels Could Double Extreme Flooding Events on Coastline, Report States
Fears of ‘Wild West’ as Unregulated COVID-19 Tests Hit the Market
International & Reinsurance News
Pandemic Bonds Get Stay of Execution but Prospect of Wipeout Looms
A ruling last week not to wipe out holders of a World Bank financial instrument...
Hiscox Says Its Business Interruption Exposure Is Limited in Europe, U.S.
UK Insurers, Banks Are Weathering Effects on Capital of COVID-19 Crisis: BoE’s Woods
Howden Broking Group Buys Greece’s Matrix Insurance & Reinsurance Brokers
Arch Capital’s Estimated COVID-19 Losses During 1st Quarter Could Hit $145 Million
East News
New York Taps McKinsey to Develop ‘Trump-Proof’ Economic Reopening Plan
New York Governor Andrew Cuomo has hired high-powered consultants to develop a...
West News
PG&E’s Plan to Pay $19M from California Wildfire Victims Fund OK’d
The Northern California victims of catastrophic wildfires caused by Pacific Gas &...
Southeast News
South Carolina Begins Clean Up After At Least 9 Tornadoes Hit State
South Carolina continued to clean up Tuesday from the state's deadliest tornado...
Texas / South Central News
Insurance Department: Auto Insurers to Return Over $187M to Louisiana Drivers
The Louisiana Department of Insurance says collectively auto insurers will return more...
Midwest News
Damage to Iowa Ag Industry from Virus Will Be Huge, Economists Say
A group of agriculture economists said on April 15 the coronavirus pandemic will cause...