With the outbreak of COVID19, the pressure started mounting on the Insurance companies. People claiming for compensation and other related benefits making things further troublesome to manage amid this crisis. The Coronavirus pandemic and the economic distresses it has triggered, like many other sectors, pose significant challenges for the global insurance industry in 2020.https://t.co/Gr34Kk0SXG#Coronavirus […]
With people who aren’t able to pay rent and the Landlords who aren’t able to receive rent, are getting into tussles with each other. To minimize these, government bodies are finding ways to solve the matter. Here are examples of some interesting measures. The Housing Cmte. heard 25 bills on landlord/tenant issues today. 106 […]
A fund of $600 per week has been raised as an unemployment insurance benefit. An analytical finding on this scheme reflects that it allows a majority of Americans to earn more from unemployment than employment. A profound insight into it will further reveal the actual facts. Here’s an article that discusses more on the topic. […]
New York Government has announced protections for renters during the COVID19 crisis. According to this new circular, Landlords cannot evict the tenants from their space. In fact, tenants may use their security deposits as a rent payment. The compliance would be active until Aug 20, 2020, and applicable for both commercial and residential tenants. […]
Several auto insurance companies are leading the way in supporting people during these unprecedented times of global pandemic COVID19 and countrywide lockdown. In order to help their clients, auto insurers have begun issuing refunds to auto insurance policyholders due to a dramatic drop in driving. More And More Insurance Companies Are Giving Back […]
The spread of the COVID19 has given a serious blow to the world economy. Like a domino effect, it upsets several lives and livelihoods across the globe. There are no exceptions for the tenants (working professionals and students) as well. Many of them got stuck due to countrywide lockdown. This is the time that […]
Now is the time when Insurance companies must show proactiveness by helping the holders if they manifest any symptoms for Covid-19. If you’re worried about affording the expense for the COVID-19 test, your insurance provider might have a perfect plan to help you with the necessary assistance. This is certainly the need of the […]
Tenants, especially professionals and students, are at stake due to the coronavirus pandemic. They can’t travel back to their hometown due to countrywide lockdown. And as several businesses being closed, they can’t pay rent due to layoffs and salary cuts. The situation is grim – amid this unprecedented time, tenants need some sort of […]
The COVID-19 pandemic is disrupting global supply chains and international trade – this is going to take a heavy toll on the global economy. During this crisis, Insurance Companies are reaching out to various business organizations with the view to collaborate and understand their pain points. Mr. Alexander Christian Swiger from New York Life […]
The movements of people and tourism flows have come to a halt as 100+ countries have closed national borders due to the COVID-19 pandemic. During this situation, tenants are unable to mobilize being stuck in one location. However, Landlords have come to their rescue with extraordinary gestures. As Ken L. Harris rightly points […]
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