Workers’ Compensation Should See Profit This Year But Maybe Not in 2021: Fitch October 27, 2020 Despite the economic challenges from the coronavirus pandemic, the workers’ compensation insurance market is likely to report strong profitability in...
Insureds After COVID Premium Cuts Must Ask State Regulator First, Judge Rules October 26, 2020 By Andrew G. Simpson A federal judge has ruled that State Farm Fire and Casualty Co. does not have to return premiums to a...
More Companies Turn to Captives as Rates Rise, Terms & Conditions Tighten October 26, 2020 By Carolyn Cohn Fed up with rising prices and more stringent terms and conditions for their insurance policies as a result of the...
Insurer to Appeal Restaurants’ Win in North Carolina COVID Business Interruption Case October 23, 2020 A judge in Durham County, North Carolina has handed down what may be the nation’s first dispositive ruling in favor...
Auto Insurance Claims Satisfaction Continued to Rise During Pandemic October 22, 2020 Having fewer auto insurance claims during the coronavirus pandemic appears to have given insurers time to refine their customer experience...
Insurers Drop Appeal Against UK Court Ruling on 3 COVID Business Interruption Policies October 22, 2020 By Sinead Cruise Six insurers have decided not to appeal against a London High Court ruling that they were wrong to reject claims...
Mexico Government Could Absorb Some Liabilities Arising from COVID-19 Vaccine October 21, 2020 By Anthony Esposito and Adriana Barrera Mexico’s government could absorb some liabilities arising from unexpected side effects of COVID-19 vaccines but is not considering creating a...
As Employees Have Stressed Out During Pandemic, Many Employers Have Stepped Up October 21, 2020 The coronavirus pandemic has put millions of Americans out of work. But many of those still working are fearful, distressed...
CDC Issues ‘Strong Recommendation’ for Mask-Wearing by All in Travel Settings October 20, 2020 By David Shepardson The U.S. Centers for Disease Control and Prevention on Monday issued a “strong recommendation” that all passengers and employees on...
Vast Majority of COVID-19 Workers’ Compensation Claims Are Small, Says NCCI October 19, 2020 By Jim Sams If COVID-19 behaves like other workers’ compensation lung and disease claims, about two out of 100 cases may result in...