USA Focus
News
MetLife commits $25m to Covid-19 hit communities
Travelers also donates $5m in pandemic battle
Covid-19 crisis shows "beauty" of state-based regulations, says Consedine
NAIC chief executive hails state response to pandemic
US Covid-19 business interruption demand could cost "$383bn per month"
Charges may wipe out P&C surplus as more states file for retroactive coverage
NAIC says Congress business interruption plans threaten US insurer solvency
Current policies not designed to provide coverage against Covid-19 claims
Fitch cuts US life insurance outlook to negative
Coronavirus impact a concern for long-term credit quality, says agency
Climate change top risk for US insurers
Pandemic ranked only seventh, according to AM Best
US insurers hit back at claim of phony social inflation crisis
Consumer study suggested insurers using social inflation to falsely justify rate hikes
NAIC launches coronavirus resource webpage
Features updates on the spread of Covid-19 and links to help decision-making
Athene eyes more business in UK pension risk transfer
US life insurer grows profits in 2019 thanks to investment income
IASB's Hoogervorst defends IFRS 17 as global standard, despite US exclusion
Chair of accounting standards board says life insurer troubles could have been avoided
Analysis
US insurers in Covid-19 coverage crisis
Insurers are being asked critical questions about their role in protecting consumers from the coronavirus pandemic. Despite calls from on high, the industry says it will not cover business-interruption and workers compensation losses. As the crisis deepens, industry bodies say such demands could threaten the stability of the sector. Sarfraz Thind reports
Modelling the virus
The spread of Covid-19 has not come as a surprise to everyone. Analytics firms are looking at the thousands of situations to model pandemics every day. However, it seems insurers are not quite up to scratch. Sarfraz Thind reports
Flood, climate, capital: NAIC president Ray Farmer's agenda for 2020
Ray Farmer is the new president of the National Association of Insurance Commissioners. In this Q&A with Sarfraz Thind, he talks about flood coverage, international regulation and how he intends to raise climate awareness
Cannabis insurance: ending the bad trip
Conflicting state and federal laws, uncertain pricing and novel risks have discouraged most insurers from participating in the cannabis market so far. But as the US edges nearer to federal legalisation, this could change. Sarfraz Thind reports