Last month I participated in a panel discussion about the impact of the COVID-19 pandemic and it’s implications for business income insurance. Below is a link to the video podcast if you’re interested in hearing different viewpoints about coverage, litigation, government actions, etc.

COVID-19 and Business Interruption Insurance

How will your agency be impacted?

COVID-19 has upended our lives and brought the global economy to a standstill. In the recovery, insurance will be most impacted by whether business interruption insurance carriers choose to approve or deny the inevitable flood of claims from businesses forced to slow or halt operations. While many legislators are calling on insurers to pay up, lawsuits have already been filed against insurers who have denied them, and even the President himself has weighed in. The reality is that paying out claims en masse could cripple an industry.

Watch this webinar and let our panel of experts help you clarify your understanding of the issue. You’ll learn:

  • How your agency will be impacted
  • What you need to communicate to policyholders
  • A path forward for independent agencies

Speakers

Bill Wilson
CPCU, ARM, Founder of InsuranceCommentary.com
Bob Rusbuldt, CEO of the IIABA called Bill Wilson “the nation’s foremost expert on form, coverage, and technical issues.” Few others share Bill’s technical and legal knowledge of the insurance industry and how major crises can impact it.

Rex Hickling
President, Premier Group Insurance
Shawn’s experience at the aggregate Premier Group Insurance and managing relationships with carriers gives him valuable insight into what carriers are thinking and how this pandemic will impact independent agencies.

Greg Wilkes
Partner, Insurance Solutions Group
As a partner at a large independent agency with a major focus on commercial lines, Greg has been keeping a close eye on how current events will affect his clients and how his agency can bring them peace of mind.

Dean Milber
Director, CalSurance and Lancer Claims Services
For more than 30 years Dean Milber has served as coverage, litigation, and supervisor counsel representing insurers and their policyholders throughout the United States. Over the last five years Dean has used his expertise to help design and produce professional liability and E&O Insurance at Lancer Claims Services.

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Bill Wilson

Founder at InsuranceCommentary.com
One of the premier insurance educators in America on form, coverage, and technical issues; Founder and director of the Big “I” Virtual University; Retired Assoc. VP of Education and Research from Independent Insurance Agents & Brokers of America. Reprint Request Information

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