Insurance Information Institute: Triple-I - Policyholders' Surplus Set Aside to Pay Covered Claims
April 17, 2020
April 17, 2020
NEW YORK, April 17 -- The Insurance Information Institute issued the following news release:
In its second public economic briefing related to COVID-19, the Insurance Information Institute (Triple-I) offered clarity and understanding in terms of the economic impact for the industry; how the industry surplus works for covered claims; and how any attempt to retroactively apply this pandemic to business interruption insurance policies would cause irreparable harm to the financial stabi . . .
In its second public economic briefing related to COVID-19, the Insurance Information Institute (Triple-I) offered clarity and understanding in terms of the economic impact for the industry; how the industry surplus works for covered claims; and how any attempt to retroactively apply this pandemic to business interruption insurance policies would cause irreparable harm to the financial stabi . . .