Industry News

Insurance in the Time of Coronavirus: Risks, Threats, and Reality

The novel coronavirus known as COVID-19 is now at large on our shores and we’re hearing dismal projections in every sector imaginable. While it likely isn’t anyone’s first thought, there is one aspect of personal and business life that comes into sharp focus as the crisis continues to develop––insurance. That non-negotiable necessity, the protection for life’s rainy days. Now that the storm is well-fixed above us, what part does insurance play? How is the enormity of the global coronavirus pandemic affecting the industry?