COVID-19

The team and its billionaire owner are suing their insurer for denying claims under its $400M business interruption policy.

Here is an update of coronavirus-related news from around the world on July 13, 2020.

Insurers and their customers want the same thing: faster claims, self-service/automation and customer satisfaction.

Companies at the forefront of research need to handle complex insurance issues from product liability to force majeure concerns.

The landmark ruling supports what insurers have argued since the start of the pandemic: COVID-19 does not cause 'physical damage.'

The world's largest insurance market also is pushing for government-backed funds to protect insurers from a wave of claims during a crisis.

This may be an unsettling time, but it is also a period of opportunity for businesses to better plan for the future.

Advance planning for these 10 potential challenges will help companies to react thoughtfully rather than impulsively.