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Report Card: Auto Insurers Graded On COVID Relief Measures

The Consumer Federation of America (CFA) has published its own critical review of the auto insurance premium relief measures insurance companies have offered in the past few weeks in response to the COVID-19 pandemic, finding that while some insurers have been incredibly supportive, others have been slow to respond to calls for lowered premiums.
April 16, 2020 Auto Catastrophe





Creative Strategies For Claims Settlement

In nearly every litigation, there are three parties: The plaintiff, the defendant, and the insurer. Once the duty to defend is triggered, an insurer must typically provide a “complete” defense to the litigation until settlement is reached, even if uncovered claims are included.


As Coronavirus Empties Streets, Speeders Hit The Gas

Empty roads in the United States and Europe are tempting drivers to go out and shift into high gear. From Los Angeles to New York, London and Berlin, coronavirus lockdowns have drained traffic from normally crowded roads.
April 15, 2020 Auto

COVID-19: Risk Manager Is Suddenly A Hot Job

Twenty years ago, corporate risk managers had near-zero public visibility. Most were back-office staffers who focused on securing insurance for environmental and real estate problems (tornadoes, fires, earthquakes, facilities breaches). Young people didn’t aspire to be risk managers: There were just a dozen small academic programs in the U.S. focused on the career.
April 14, 2020 Catastrophe Risk Management