Businesses warned they could lose insurance on closed premises - The Guardian
Many must take measures such as sealing letterboxes to ensure they stay insured in lockdown...
- Topic / Article / 10 hours ago
- www.theguardian.com
Claims & Losses
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The commercial insurance market remains difficult for buyers but has not immediately reacted to Covid-19, however experts say it will likely reinforce hardening in the longer term...
- Commercial Risk / Article / 12 hours ago
- www.commercialriskonline.com
COVID-19 Might Spur a Social Inflation Spike: A.M. Best
COVID-19 could produce a big increase in social inflation, A.M. Best said in newly-issued commentary. The reason: Expectations that businesses will sue their insurers...
- Carrier Management / Article / 12 hours ago
- www.carriermanagement.com
UK winter floods & wind related industry losses said £650m: PERILS
The insurance market loss from flooding that struck the United Kingdom earlier this year is initially estimated to be £279 million (around US $350m)...
- Artemis / Article / 13 hours ago
- www.artemis.bm
Business interruption claims concerns ‘overblown’: Morgan Stanley - Business Insurance
Concerns that property/casualty insurers will be forced to pick up the tab for business interruption COVID-19 losses are “overblown,” Morgan Stanley analysts said Wednesday...
- Topic / Article / 13 hours ago
- www.businessinsurance.com
Insurance coverage for COVID-19 - PC360
Determining coverage for a loss will depend on the policy language and its interpretation...
- Topic / Article / 13 hours ago
- www.propertycasualty360.com
Great American Wants Out Of $1.9M Hotel Scam Suit - Law360
Great American Insurance Co. has asked an Ohio federal court to toss a $1.9 million breach of contract suit brought by the Millennium Hilton New York hotel's operator...
- Topic / Article / 14 hours ago
- www.law360.com
Coronavirus claims
Even if a business has extended Business Interruption cover how will their loss be valued - implications of widespread reduced demand...
- The Chartered Insurance Institute / Article / 16 hours ago
- www.cii.co.uk
Arcus takes £7mn hit from Faxai and Hagibis as premium income drops
Arcus Syndicate 1856 reported £7.0mn in losses from typhoons Faxai and Hagibis in 2019 but the syndicate's overall net claims almost halved year-on-year to £48.7mn...
- Trading Risk / Article / 16 hours ago
- www.trading-risk.com
Lloyd’s plans to issue Covid-19 loss estimate in early May
Lloyd’s is aiming to publish the preliminary loss estimate of Covid-19 in early May following the submission of a second major claims return (MCR) from managing...
- Insurance Insider / Article / 19 hours ago
- insuranceinsider.com