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Instant Insights / The coronavirus and its impact

The coronavirus has upended lives and businesses around the globe. From business interruption and supply chain disruption to event and travel cancellations, we are only just seeing the beginning stages of COVID-19's impact. These articles provide valuable insights on insurance coverage, preparation tips and more to help individuals and businesses reduce exposures as the virus spreads.

Research

COVID-19 caused 48% of Americans to cancel summer travel

A new survey from ValuePenguin also reveals that U.S. consumers lost an average of $854 in nonrefundable travel costs.

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Nearly 50% of Americans canceled summer travel plans as a result of the COVID-19 pandemic, says a study from ValuePenguin. (Photo: Shutterstock)

Summertime blues has taken on new meaning in 2020.

The coronavirus has continued to impact lives and businesses around the globe. As we enter the summer months, many would-be travelers also are reeling canceled vacations.

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Heather A. Turner

Heather A. Turner is the managing editor of ALM's NU Property & Casualty Group. She can be reached at [email protected].

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