Small Businesses See Coronavirus Effect Lasting 12-16 Months May 12, 2020 By Andrea Shalal Eighty-one percent of small U.S. companies surveyed by Veem, a global payments network, expect the new coronavirus pandemic to affect...
REUTERS SPECIAL REPORT: When Cops Kill, Redress Is Rare, Except in Famous Cases May 11, 2020 By Lawrence Hurley and Andrea Januta The 2014 shooting death of black teen Michael Brown by a white police officer in Ferguson, Missouri, prompted angry protests...
For Global Insurers, Pandemic Likely to Erase Profits Until 2021 Second Half: Fitch May 11, 2020 While insurance rates have risen for nine consecutive quarters due to large catastrophe losses and accelerating claims inflation, Fitch Ratings...
Q1 Insurtech Fundraising Drops 54% on COVID-19 Disruption: Willis Towers Watson May 8, 2020 Overall funding for insurtech investments decreased by 54% during the first quarter as a result of the COVID-19 crisis, compared...
April’s Killer Tornadoes Cost Insurers Billions in Claims: Aon Report May 8, 2020 Extensive severe weather events in the United States during April cost insurers billions of dollars, according to the latest edition...
Willis Paints COVID-19 Insurance Loss Big Picture: It’s a Wash or Historic Catastrophe May 7, 2020 By Jim Sams If the novel COVID-19 pandemic is brought under control soon, the disease’s impact on the insurance industry as a whole...
What to Expect in Workers’ Compensation Costs From COVID-19: NCCI May 6, 2020 By Jim Sams If only 10 percent of health care workers contract COVID-19 and all of their claims are deemed compensable, workers’ compensation...
Analysts Tally Workers’ Comp Cost of Exposure to COVID-19 May 5, 2020 By Susanne Sclafane While the potential cost of relaxing a tenet of the workers’ compensation system to deal with extraordinary circumstances of COVID-19...
Non-Life Insurance Claims from Pandemic to Surpass 9/11 Claims: Willis Towers Watson May 1, 2020 Insurance broker Willis Towers Watson on Friday estimated general insurance losses between $32 billion and $80 billion across key classes...
Most Firms Have Some Cyber Insurance But Gaps in Coverage Remain: Survey April 30, 2020 The majority of businesses are insured against traditional cyber risks, such as breaches of personal information, but most remain vulnerable...