National Oct 21, 2014
PIA compiles Ebola-related insurance information
Looking for information on how the recent Ebola outbreak affects the insurance industry? PIA National has compiled a number of resources to help professional, independent insurance agents find the answers they need.
Facts on Ebola's impact on insurers: As the Ebola epidemic in Africa begins to cause concern among U.S. residents, the Insurance Information Institute posted a comprehensive fact sheet on Ebola and its effects on U.S. insurers on its website. Facts and Perspectives on the Ebola Pandemic by Dr. Steven Weisbart, the I.I.I.'s chief economist, looks at Ebola and its potential effects on U.S. insurers.
The report notes that the Centers for Disease Control and Prevention does not expect the Ebola virus to infect people other than a small number of health-care workers and others who have had direct contact with the bodily fluids of an infected person. It states that even if the virus were to spread to infect thousands of adults in the United States, the insurance industry could financially withstand the crisis.
Facts and Perspectives on the Ebola Pandemic (I.I.I. 10/13/14)Easing Ebola Fears in the Workplace (Employee Benefits News 10/17/14)Ebola Outbreak: Lockton White Paper (10/15/14)Aon Activates Ebola Response Task Force (10/20/14)
Ask PIA-Pandemic coverage:
Q. Is there any type of insurance available that covers a business in the event of a widespread pandemic?
For a comprehensive answer to this question, click here. To access our entire Ask PIA library of frequently asked questions and expert answers by PIAs technical staff, click here.
Ebola crisis spurs new insurance products:
10/22/14: Some insurers exclude Ebola; others offer new products
10/15/14: New cover for Pandemic Disease Business Interruption
10/14/14: NAS Insurance Services Introduces Regulatory Business Interruption Ebola Coverage
Ebola in the news:
11/11/14: RMS: Ebola tipping point could come in January 2015
11/5/14: Ebola risk is not limited to health insurance
11/4/14: Ebola and insurance: A complicated mixture
10/28/14: Understanding the impact that the Ebola outbreak may have on employers
10/27/14: Ebola exclusions are now being written into policies
10/24/14: This is what Ebola will mean for the p/c industry
10/23/14: Ebolas impact on insurance lines
10/23/14: The initial impact of Ebola on first-party property insurance coverage
10/22/14: Some insurers exclude Ebola; others offer new products
10/21/14: Ace excludes Ebola claims for some new and renewal general liability policies
10/16/14: Gov. Cuomo outlines Ebola preparedness plan for New York State