Hiscox Says Its Business Interruption Exposure Is Limited in Europe, U.S. April 16, 2020 Hiscox’s core policy wordings do not provide cover for business interruption as a result of the general lockdown measures taken...
Many Insurance Policies Bought by Small UK Firms Don’t Cover Pandemic: Regulator April 15, 2020 By Huw Jones and Carolyn Cohn Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that...
QBE Insurance Plans US$825M Capital Raise on COVID-19 Economic Uncertainties April 15, 2020 QBE Insurance is planning to raise about US$825 million in capital as a result of the economic and investment market...
Farm Bureau Insurance of Tennessee to Distribute $30M to Policyholders April 15, 2020 Farm Bureau Insurance of Tennessee said it will issue $30 million in special payments to its auto policyholders in the...
Suddenly There Is Big Demand for Pandemic Cover, Says Underwriter April 14, 2020 By L.S. Howard In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...
Italy’s Generali to Pay 2019 Dividend, Resisting EU Regulatory Guidance April 13, 2020 By Gianluca Semeraro Italy’s biggest insurer Generali on Friday said it would pay its 2019 dividend in two tranches, confirming a total payout...
How P/C Insurance Industry Can Maximize Its Response to Coronavirus: Crisis Manager April 13, 2020 By Andrew G. Simpson “I’m shocked, just shocked that you’re suggesting that during a crisis that insurance companies might in fact be considered the...
Auto Insurers Offering $8-$10B in Discounts in Coronavirus Relief Effort; Updated List April 13, 2020 By Andrew G. Simpson The group of property/casualty insurers offering auto insurance premium discounts to recognize that insureds are driving less during the coronavirus...
Quote Requests to Insurance Agencies Down 30% Since Coronavirus Shutdowns April 13, 2020 By Stephanie K. Jones While consumers may have more time to consider their insurance needs during this period of stay at home orders and...
Canada’s Insurers to Cut Auto Premiums as Drivers Stay Home During COVID-19 Crisis April 9, 2020 Insurance Bureau of Canada (IBC), an industry association for Canada’s home, auto and business insurers, on Wednesday said its members...