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Lawyer says he has "smoking gun" in US business interruption case
John Houghtaling, who is handling $3bn in claims on behalf of small businesses forced to close by Covid-19, believes his case will be a watershed for the US BI saga. Sarfraz Thind reports
US industry associations deny relevance of UK BI case verdict
The UK case found in favour of policyholders and had been expected to provide template for other jurisdictions
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
Most US insurers expect more federal oversight
III survey of P/C execs reveals 74% believe Washington will expand reach
Industry in "early stages of hard market"
Worst of financial crisis is behind us, say US insurance leaders