Best's Insurance News & Analysis subscription required - May 05, 2020 11:31 AM (EDT)

AM Best: BI Insurers Face ‘Existential Threat’ if Forced to Cover COVID-19

Insurers could see widespread insolvencies if forced to cover COVID-19 business interruption claims, said Stefan Holzberger, chief rating officer, AM Best Rating Services. . . .

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Related News: COVID-19 (Coronavirus), INSOLVENCY, BUSINESS INTERRUPTION INSURANCE