Uncertain COVID-19 Costs Pose Major Challenge To Insurers In Setting 2021 Premiums

Insurers are under the gun to issue premium rates to state regulators in the next couple of months. But the unknown cost impact of COVID-19 poses a massive challenge, according to a new analysis. A report backed by America’s Health Insurance Plans estimates a wide range of costs to insurers based on infection rate: from $56 ...

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California Governor Outlines Plan To Reopen In Conjunction With West Coast States

California Gov. Gavin Newsom outlined a framework for reopening the economy in the Golden State Monday, warning in a gentle rebuke to President Donald Trump that the state's coronavirus protocols would be guided by "science and public health, not politics" and telling residents that they will enter a radically different environment in their daily interactions.

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California, Oregon And Washington To Work Together On Plan To Lift Coronavirus Restrictions

Gov. Gavin Newsom and his counterparts in Washington and Oregon announced “a regional pact to recovery” from the coronavirus crisis on Monday and agreed to work together to develop a plan to lift restrictions on daily life and reopen economies along the West Coast.

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Lara Orders Premium Refunds for Certain Workers Comp and Other P&C Lines

Insurance Commissioner Ricardo Lara ordered insurance companies to return insurance premiums to consumers and businesses and provide much-needed financial relief during the COVID-19 emergency.

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Fauci Says ‘Rolling Reentry’ Possible As Soon As Next Month

Dr. Anthony Fauci, the nation’s top infectious disease expert, on Sunday expressed measured optimism that parts of the country could begin relaxing stay-at-home orders amid the coronavirus pandemic as early as next month.

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The Coronavirus Economic Reopening Will Be Fragile, Partial and Slow

Walt Disney Co. reached a coronavirus milestone of sorts last month when it reopened a portion of its Shanghai Disney Resort as China’s pandemic began to ebb. But a trip to Tomorrowland may never be the same. Guests at the Shanghai resort must wear masks at all times, removing them only for eating. Hours and capacity are limited. And just to gain entry, visitors must submit to a temperature check and present a government-controlled QR code on their phone that indicates they are virus-free.

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