Minnesota Workers’ Comp System Stable Despite COVID-19 Impact July 17, 2024 By Insurance Journal Staff Reports Workers’ compensation claim rates and benefits paid in Minnesota continue to be stable or follow their long-term downward trajectories, a...
Texas Health System Loses COVID-19 Business Interruption Suit – 5th Circuit June 28, 2024 By Ezra Amacher A Texas nonprofit health system who purchased a specialized commercial property insurance policy is not covered for business interruption losses...
Massachusetts Hospital Wins COVID-19 Claim Under Disease Contamination Endorsement January 12, 2024 By Andrew G. Simpson A federal appeals court has ruled that a Massachusetts hospital is entitled to coverage for losses due to COVID-19 under...
Texas Insurance Carriers Reported Nearly 100K COVID Claims: DWC Factsheet June 5, 2023 Texas insurance carriers reported nearly 100,000 COVID-19 claims and 472 fatalities to the Texas Department of Insurance, Division of Workers’...
Taiwan’s Watchdog Says Insurers Have Enough Capital to Withstand COVID Claim Surge October 21, 2022 By Cindy Wang, Argin Chang and Krystal Chia Taiwan’s insurance industry has buffered itself against surging COVID claims after raising capital, the head of the island’s market regulator...
Reinsurer SCOR Reports H1 Loss of €239M Blamed on Ukraine War, Natural Disasters July 28, 2022 By L.S. Howard Reinsurer SCOR reported a first half loss attributed to the war in Ukraine, natural catastrophes and the severe drought in...
Covid-19 Led to 20% Increase in Texas Workers’ Comp Claims June 1, 2022 The number of workers’ compensation claims reported to the Texas Department of Insurance, Division of Workers’ Compensation (DWC) increased 20%...
Texas Workers’ Comp Division Reports 78K COVID-19 Claims March 4, 2022 The Texas Department of Insurance, Division of Workers’ Compensation (DWC) reported more than 78,000 COVID claims and 422 fatalities as...
Workers’ Compensation Numbers Indicate Strong Performance During 2020 Pandemic May 12, 2021 Because of job losses and shrinking payrolls during the pandemic recession, the workers’ compensation industry’s net written premium dropped 10%...
Report: Texas Work Comp Insurers See More than 44K COVID-19 Claims by Mid-February April 1, 2021 An updated report on workers’ compensation claims in Texas related to COVID-19 shows that as of Feb, 14, 2021, insurance...