Emerging Issues: The Pandemic One Year In

Curated Content No. 21

In preparation for our March 16 webinar, we have gathered some articles on insurance trends related to the pandemic. Below you will find information on vaccine distribution risks, considerations for employers, evolving claims, how insurance departments have responded, the pandemic’s effect on specific lines of insurance, risk modeling and more!

Vaccine Distribution Risks:

• Parsyl CEO: The Last Mile of Vaccine Delivery is Where Insurance Matters Most, AM Best TV (March 2021)
• Vaccine Rollout Risks Abound, by Claire Wilkinson, Business Insurance, 55 no. 2 (February 2021): 24

COVID Considerations for Employers:

• COVID-19 Forced Workers to Adapt to New Modes of Working, by Tony Kuczinski, Best Review, 122 no. 3 (March 2021): 16-17
• Insurers Cozy Up to Remote Work and Reduced Office Space, by Lori Chordas, Best Review, 122 no. 3 (March 2021): 44-47
• Back to Normal: The Workplace in a Post-COVID World, Insurance Speak podcast by PropertyCasualty360, (January 27, 2021)
• Pandemic Ushers in Remote Work Cyber Threats, by Claire Wilkinson, Business Insurance, 55 no.4 (March, 2021): 8
• Insurance Implications of Required Vaccines, by Christopher J. Boggs, Insurance Journal, (February 22, 2021)
• COVID-19 Vaccines: Employers Weigh Options En Route to a Shot in the Arm, by Angela Childers and Judy Greenwald, Business Insurance, 55 no. 2 (February 2021): 6-7
• Managing Workplace COVID-19 Vaccine Policies, by Jody McLeod and Gary Pearce, Risk Management Magazine, 68 no. 1 (January/February 2021): 4-5
• Employers and the Vaccine, by Jody McLeod, National Underwriter Property & Casualty, 125 no. 1 (January/February 2021): 38-39
• Facing Customers Who Refuse to Wear Face Masks, by Adam Jacobson, Risk Management, 68 no. 2 (March 1, 2021): 4, 6-7
• Public Events: Mitigating Risk Even During a Pandemic, by Guy Russ, National Underwriter Property & Casualty, 125 no. 2 (March 2021): 28-31
• Company Execs Navigate Through COVID-19 Today While Planning for the Future, The Standard, 288 no.3 (February 5, 2021): 1, 8-9
• Managing COVID-19 Employment Practice Related Exposures, by Helen R. Savaiano, Insurance Journal (March 1, 2021)
• COVID-19 Exclusions in EPLI Policies, by Jeffrey S. Horton Thomas and Maureen Bernstein, Risk Management Magazine, 68 no. 1 (January/February 2021): 12-13
• COVID-19 May Have Opened a Pandora’s Box of New Employment Practices Liability Exposures, by Steve Whelan, Business Insurance, 55 no. 2 (February 2021): 25
• The Impact of COVID-19 on Employment Claims and Litigation, by Martin W. Aron and Karl Weisheit, Claims Magazine, 69 no. 1 (January/February 2021): 20-23
• Bills That Help First Responders Hit by COVID-19 Advance in Virginia, by Sam Fowler, Insurance Journal, (February 22, 2021)
• Workers Compensation and COVID: More Data on Evolving Claims, by Susanne Sclafane, Insurance Journal (February 25, 2021)
• COVID workers’ comp claims grew ‘noticeably’ in Q2 2020, by Steve Hallo, PropertyCasualty360 (January 15, 2021)
• Workers Comp Claims Pile Up by Louise Esola, Business Insurance, 55 no.4 (March, 2021): 7

Claims:

• Work, Lifestyle Changes Are Transforming Insurance Claims, The Standard, 288 no.5 (March 5, 2021): 1, 12-13
• COVID-19 and Long-Tail Claims, by Philipp Cremer, Claims Magazine, 69 no. 1 (January/February 2021): 10-11
• New COVID-19 Claims and Risk Exposure Trends, by Philipp Cremer, Risk Management, 67 no. 11 (December 1, 2020): 4, 6-7
• COVID-19 Changing Claims Patterns, Allianz Global Corporate & Specialty Insights, (October, 2020)

Insurance Departments/State Regulators:

• Insurance Departments Focus on Continuity of Operations during Pandemic and Beyond, The Standard, 288 no.5 (March 5, 2021): 1, 8-10
• Commissioner Praised Mass. Agents, Insurers for Supporting Policyholders During Pandemic, The Standard, 288 no.3 (February 5, 2021): 1, 10-12
• State Regulatory Responses to the COVID-19 Pandemic: Mitigating Risk for Business and Individual Insureds, by fred E. Karlinsky, Timothy F. Stanfield, and Christian Brito,The Demotech Difference,  Vol 7, no1 (Winter 2021): 8-9, 60
• State Efforts to Mandate Cover Fall Short, by Claire Wilkinson, Business Insurance, 55 no.4 (March, 2021): 5
• Feds Weigh Pandemic Backstop, by Claire Wilkinson, Business Insurance, 55 no.4 (March, 2021): 6
• COVID-19 Presumption Laws Emerge by Angela Childers, Business Insurance, 55 no.4 (March, 2021): 7

Specific Lines of Insurance:

• How COVID-19 is Changing Business Interruption Claims, Best’s Insurance Law Podcast (March, 9, 2021)
• The Impact of COVID-19 Business Interruption – a Contrarian’s View, by Joseph L. Petrelli, The Demotech Difference,  Vol 7, no1 (Winter 2021): 6
• 10 Tips for Getting COVID-19 Business Interruption Claims Paid, by Robert M. Horkovich, Risk Management, (February 10, 2021)
• Restaurant Wins COVID-19 Ruling, Business Insurance 55 No. 3 (March 2021): 15
• Lost Income Claim Disputes Evolve Further, by Judy Greenwald, Business Insurance, 55 no.4 (March, 2021): 5
• Commercial Auto Profit So Bad, It Took a Global Pandemic to Fix It, Auto Insurance Report, 27 no.16 (February 1, 2021): 1-2, 10
• COVID-19 Spurs Accident Reporting Changes, by Kori Eskridge and Kelly Chartash, Risk Management Magazine, 67 no. 11 (December 2020): 14-15
• The Pandemic vs. Property Risk, by Ana Robic, National Underwriter Property & Casualty, 125 no. 2 (March 2021): 40-41
• Strong Headwinds: The Reinsurance Market Was Already Struggling at the Start of 2020. Then Along Came COVID-19, by Kristen Beckman, National Underwriter Property Casualty, 124 no. 12 (December, 2020): 20-22, 24-25
• COVID-19 a Year Later: Life Insurers Forced into DIgital Operations Growth in Survival Bid, by Terrence Dopp, Best Review, 122 no. 3 (March 2021): 48-52
• Telehealth Advances Beyond Pandemic, by Judy Greenwald, Business Insurance, 55 no. 2 (February 2021): 14-16

Risk Modeling:

• Pandemic Data Drives Risk Modeling, by Claire Wilkinson, Business Insurance, 55 no. 2 (February 2021): 4
• How to Address Low-Probability, High-Impact Risks, by Neil Hodge, Risk Management Magazine, 68 no. 1 (January/February 2021): 26-29
• Rethinking Risk in a Post-Pandemic World, by Jody R. Westby and Leslie Lamb, Risk Management Magazine, 67 no. 11 (December 2020): 8-9
• Managing New Risks in Uncertain Times, by Gavin Souter, Business Insurance, 55 no.4 (March, 2021): 20

Miscellaneous:

• Total Pandemic Losses for P/C Insurers Will Take Years to Calculate, by Fitch Ratings, Insurance Journal (March 10, 2021)
• New Developments in COVID-19 Insurance Litigation, by Rhonda D. Orin and Robert M. Horkovich, Risk Management, (December 11, 2020)
• Some Insurers Strengthening Virus Exclusion Language in Policies after COVID Cases, by Alwyn Scott, Insurance Journal (March 5, 2021)
• Litigation Set to Expand, by Judy Greenwald, Business Insurance, 55 no.4 (March, 2021): 4
• The Pandemic has Accelerated the Pace of Digital Transformation and Product Innovation in Insurance, by Lori Chordas, Best Review, 122 no. 3 (March 2021): 36-41
• The Layers of Insurance Company liability: Peeling Back the Pandemic’s Impact on Insurer’s Liability Exposures, by Lauren Anderson, Michaela Harris and Lindsay Robison, IN Magazine, 107 Number 4 (Winter 2020): 26-28
• Insurance Concerns Families Need to Consider When Hosting a Learning Pod in Their Homes, by Jim Hyatt, The Standard, 287 no. 11 (November 27, 2020): 13-14