Coronavirus Raises Insurance Questions But Catastrophe-Tested Insurers Are Prepared

As the coronavirus outbreak continues to  cause concern around the globe , the insurance industry is facing a potentially far-reaching impact but has the experience to handle what might come its way.
Based on what the industry has learned from historical pandemic issues such as The Spanish Flu of 1918, and more recently, the Ebola outbreak beginning in 2014, “there is almost no aspect of the insurance business that would not be impacted by a global pandemic,” Wilson Elser Partner Paul White  told Insurance Journal in a recent audio interview  about what the coronavirus outbreak could mean for the industry.