Americans who are suffering financially due to COVID-19 may have relief coming for insurance payments. Many auto and homeowners insurance companies are making moves to offer financial assistance to customers, and some states are asking insurers to help out. Typical grace periods are seven days for auto insurance and 31 days for life insurance, but… Continue reading COVID-19 Sparks Extended Insurance Grace Periods
Tag: insurance renewals
Aon Sees Disciplined Renewals Despite Market Challenges
Global insurance and reinsurance broker Aon has said that in spite of new market dynamics, programs renewed in an orderly fashion at the January 2020 reinsurance renewals season. Aon’s January 2020 Reinsurance Market Outlook report highlights an orderly renewals season in most regions, adding that this occurred despite the impacts of further client differentiation in… Continue reading Aon Sees Disciplined Renewals Despite Market Challenges