What the COVID-19 pandemic means for workers compensation claims

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So far, the impact of COVID-19 on workers compensation has not been as great as first feared. The National Council on Compensation Insurance (NCCI) reported that as of the second quarter 2020, out of every 100,000 active workers comp claims, COVID-19 medical claims accounted for only about 200, depending on the jurisdiction. Still, the pandemic […]

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Will PandemicDriving Trends PersistAfter COVID-19 Passes?

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More people died in New York City automobile accidents in 2020 than in 2019, despite greatly reduced driving as a result of the COVID-19 pandemic and subsequent economic slowdown. The local trend is consistent with broader ones recently referenced by Triple-I senior vice president and chief actuary James Lynch. As of this morning’s reporting on […]

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Travel Risk: It’s NotAll About COVID-19

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Anticipation that a COVID-19 vaccine – combined with social distancing, mask wearing, and other protective measures – may soon lead to increased travel revives our need to think about travel insurance. Even before COVID-19, travel insurance purchases were on the rise, but primarily for trip cancellation coverage – the very product that wound up disappointing […]

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Insurance News: COVID-19 claims and telematics for auto

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In 2020, COVID-19 has taken its toll. Unfortunately, just because we are saying good-bye to a tumultuous year, doesn’t mean we get to say good-bye to the pandemic or its impacts. In this edition of the Insurance News Analysis, the last of the calendar year, Natalie de Freitas and I discuss impacts of the pandemic on insurers and on… […]

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