S&P Expects States to Lose Bids to Mandate Coronavirus Business Interruption Coverage May 4, 2020 By Mark Hollmer Standard & Poor’s said it does not expect state legislators to succeed in their efforts to retroactively expand business interruption...
Washington Extends Emergency Order Waiving Deductibles And Copays for Coronavirus Tests May 1, 2020 Washington Insurance Commissioner Mike Kreidler extended his emergency order to Washington health insurers for 30 days, requiring them to waive...
In Volatile Times, Willis Towers Watson Deal ‘More Important Than Ever:’ Aon CEO Case May 1, 2020 Aon reaffirmed its commitment to the acquisition of Willis Towers Watson in a report of its first quarter results. “Our...
Florida to Allow Limited Reopening for Restaurants, Retail Stores May 1, 2020 By Brendan Farrington and Terry Spencer Florida’s restaurants and retail stores will be allowed to reopen Monday at 25% capacity, if the local government allows it,...
Updated: Insurance Premium Discounts, Other Relief Offered During Coronavirus Crisis May 1, 2020 The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus...
UK Regulator Wants Courts to Clarify Wording of Disputed Business Interruption Policies May 1, 2020 By Huw Jones and Carolyn Cohn Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim...
Coronavirus Cases Surge in Reopened Colorado Beef Plant, Worker Dies May 1, 2020 By Tom Polansek COVID-19 cases at a JBS meatpacking plant in Colorado have more than doubled “in a number of days” and a...
Pinnacol Donates $1.8M to COVID-19 Funds for Colorado Businesses, Workers May 1, 2020 Pinnacol Assurance donated nearly $2 million to an array of funds that support businesses and workers in Colorado impacted by...
Willis Towers Watson Withdraws 2020 Target on COVID-19 Crisis; Q1 Revenues Up 7% May 1, 2020 Willis Towers Watson is withdrawing its 2020 guidance due to the uncertainties caused by the COVID-19 pandemic. The broker said...
Penn. High Court Deals Potential Blow To Carriers’ Denial Of Business Income Claims May 1, 2020 By Donald Ottaunick In a case where no insurance company or insurance claim was involved, the Pennsylvania Supreme Court issued a ruling that...