We Oppose Nearly Every Government Insurance Program. We Could Support One for Pandemics.
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Over the eight years of our existence, the R Street Institute has offered critiques of government-backed entities that provide insurance or reinsurance for flood, crop, windstorm, earthquake, auto, workers’ comp, nuclear energy liability and terrorism. We have warned that such …

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Coronavirus Resource Update 3/30/20
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Stay Informed The staff at Insurance Journal is covering many aspects of the disease as it impacts the industry and will continue to alert you to the latest reports available. The following is an updated list of articles and resources …

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Allstate announces coronavirus assistance for customers, employees
www.insurancebusinessmag.com

The insurer is allowing customers to delay payments, among other measures

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State looks at legislation to void coronavirus exclusion clauses
www.insurancebusinessmag.com

Shock move would retrospectively force carriers to pay for coronavirus claims

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Severe Weather Spawns Tornadoes, ‘100-Year Flood’ in Midwest
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A severe weather system tore through the Midwest over the weekend, bringing damaging high winds, tornadoes and flooding. Authorities say severe weather in Ohio spawned what forecasters are calling a “100-year flood” in Cleveland, Ohio. In Iowa, storms damaged an …

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6 Hurt as Tornado Tears Through Arkansas College Town
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A tornado ripped through northeast Arkansas on Saturday, leaving six people hurt after hitting commercial and residential areas in the college town of Jonesboro. The six people reported injured were taken to a local hospital with minor juries, Jonesboro E-911 …

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Ohio County Reaches $3.5M Settlement in Woman’s Dog Mauling Death
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The estate of an Ohio woman fatally mauled by her neighbors’ dogs will receive $3.5 million to settle a lawsuit against a county and its dog warden, a newspaper reported. The lawsuit was filed after Klonda Richey, 57, was killed …

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P/C Insurers Put a Price Tag on Uncovered Coronavirus Business Interruption Losses
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The property/casualty industry estimates that business interruption losses from the coronavirus just for small businesses in the U.S. could be between $220-$383 billion per month — or a quarter to half of the total industry surplus available to pay all …

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Carrozza Joins Texas Associates Insurors as Risk/Insurance Advisor
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Texas Associates Insurors has hired Brad Carrozza as its newest risk and insurance advisor. He is based in Austin. Carrozza’s specialization is focused on quarries, equipment rental operations, utility and pipeline construction, and landscape contractors, particularly tree specialists. As an …

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