COVID-19 pandemic News

Joint Louisiana Insurance Committees to Hear About Hurricane Claims, Pandemic

The insurance committees of the Louisiana Senate and House of Representatives will hear about the impact of multiple 2020 hurricanes and the COVID-19 pandemic on insurance rates in a joint meeting on Dec. 16. Presenters include representatives from the Louisiana …

Why World Bank’s Controversial Pandemic Bonds Didn’t Function as Hoped

In late January 2015, just after the deadliest outbreak of Ebola in history, then-World Bank President Jim Yong Kim stood in front of a group of Georgetown University students and professors to introduce a new approach to fighting pandemics. Fresh …

Using Building Codes and Property Characteristics to Keep up With 2020 Hurricane Season

This post is part of a series sponsored by CoreLogic. Though the COVID-19 pandemic is occupying most of our attention at the moment, hurricane season has begun and natural catastrophes never take a holiday. Forecasts for 2020 have projected higher …

Insurance Dept: Required Premium Relief Has Saved California Drivers $1.2B

California automobile insurance companies have agreed to provide $1.21 billion in savings to drivers, the state insurance department says. Insurance Commissioner Ricardo Lara in May issued an order requiring insurers to provide premium relief to policyholders affected by the COVID-19 …

Florida to Grant Temporary Agent Licenses Amid Testing Freeze

The Florida Division of Agent and Agency Services will resume its ability to begin processing insurance agent licenses despite the closure of testing centers around the state, under a directive from Florida CFO Jimmy Patronis. This directive issued April 17 …