As Louisiana lawmakers on June 2 resumed work on piecing together a budget, their biggest unresolved financial question centered not on the coronavirus pandemic, but on how much they’ll want to give in tax breaks to help businesses recover from …
As oil and gas companies began shutting offshore production before the first tropical storm of the season in the U.S. Gulf of Mexico, experts said restarting wells and refineries will take longer and prove more costly this year because of …
The Navajo Department of Health has reported 131 new cases of coronavirus on the Navajo Nation and two more known deaths. That pushes the numbers to 5,479 positive COVID-19 cases and 248 known deaths as of Monday night. Tribal officials …
The UK government has created a £10 billion (US$12.5 billion) reinsurance scheme designed to help businesses during the COVID-19 pandemic by guaranteeing transactions insured by trade credit insurers. The Trade Credit Reinsurance scheme is designed to support UK business-to-business transactions …
In the new reality of COVID-19, some Americans may still be willing to travel abroad – but they’re going to make sure they’re insured up to the hilt. U.S. travel insurers are seeing a surge in demand for highly priced …
As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities following the death of George …
Employee union Unite has called on finance firms to do more to protect call center staff after a survey of almost 3,000 employees exposed widespread fears about catching COVID-19 in workplaces where social distancing measures were falling short. Independent research …
French insurer AXA has identified 1,700 contracts signed with restaurant owners in France where the terms are not clear as to whether business interruption losses due to the COVID-19 crisis should be covered, its CEO told Le Monde in an …
AmeriTrust Group Inc., based in Southfield, Michigan, has extended both its program to guarantee renewals of all admitted general business policies and its Economic Relief Payment Plan until Sept. 1, 2020. The company said it extending the programs in response …
No matter where you work in the P/C insurance industry, your experience is important. How is the coronavirus pandemic affecting you now? Going forward? What do you expect to change? When will you be ready to travel? How do you …
