Auto Insurance, Business Insurance, Business Risk, Cyber Risk, Industry Financials, Legal Environment, Specialty Coverage, Workers Compensation CORONAVIRUS WRAP-UP: PROPERTY AND CASUALTY (4/21/2020) April 21, 2020 Jeff Dunsavage Leave a comment Tweet Automobile InsuranceActing on ‘Thin’ Data, Auto Insurers Retain Flexibility With Premium CreditsSpeeders Take Over Empty Roads — With Fatal ConsequencesBusiness Interruption Triple-I Economists: Enforced COVID-19 Business Interruption Payouts Would Damage Industry Fight Over Pandemic Insurance Intensifies Restaurants vs. Insurers Shapes Up as Main Event In D.C. Lobbying Fight Cyber Risk Hacking Against Corporations Surges as Workers Take Computers Home Directors & OfficersD&O Insurance May Help Non-Public Companies With COVID-19 ClaimsFinancial ImpactDespite Recent Market Rally, Pandemic Will Continue to Hit Insurers’ Investments COVID-19 to deter M&A activity in 2020: Conning Kidnap & Ransom Pandemic Exposes Organizations to Kidnap for Ransom Risk LitigationU.S. Businesses Bring Wave of Class Action Lawsuits Against Insurance Companies for Denial of Business Interruption Claims in Wake of COVID-19PandemicHiscox Faces Legal Action From Chef Raymond Blanc: ReportsEnding Virus Shutdowns Too Soon Poses Legal Risk for Businesses Reinsurance and Insurance-Linked SecuritiesLack of Exclusions, Poor Wordings the COVID-19 BI Threats to Reinsurers & ILS Workers CompensationUtah Passes Bill to Provide First Responders With Comp for COVIDComp Premiums Likely to Dip as Employment Declines: NCCIFrom The Triple-I Blog:MIXED REACTIONS TO WORKERS COMP COVID-19 EXPANSIONS
