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Chubb wants U.S. to offer businesses pandemic cover, with insurers taking some risk

from Reuters

Chubb wants U.S. to offer businesses pandemic cover, with insurers taking some risk Reuters Chubb said on Wednesday it is lobbying the U.S. government to insure businesses for losses in future pandemics, while giving the insurance industry a small portion of the business, jumping into a debate over how to insure such disasters. The U.S. insurance industry has been largely denying claims for losses caused by coronavirus-driven lockdowns from businesses-interruption policies, saying that pandemics are excluded. READ MORE

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