Chief Executive Magazine reached out to Dr. Bob Hartwig and five other leading economists for their predictions on what economic recovery from COVID-19 will look like. They were asked to pick a letter to describe the shape of the predicted recovery - Dr. Hartwig chose the letter … [Read more...] about Chief Executive Magazine 6/12/2020- The Shape Of Recovery: V, U, W or L?
COVID-19
Best’s Review 6/2/2020- The COVID Catastrophe
Best's Review, AM Best's monthly magazine, contacted Dr. Robert Hartwig about the COVID-19 Pandemic. Hartwig says, "The COVID-19 issue literally came upon the world this year. There was no opportunity to react." Read the entire article here. … [Read more...] about Best’s Review 6/2/2020- The COVID Catastrophe
Dr. Robert Hartwig Co-Authored “Uninsurability of Mass Market Business Continuity Risks from Viral Pandemics”
Dr. Bob Hartwig collaborated with the APCIA (American Property Casualty Insurance Association) to write "Uninsurability of Mass Market Business Continuity Risks from Viral Pandemics." Read the paper below or click here. … [Read more...] about Dr. Robert Hartwig Co-Authored “Uninsurability of Mass Market Business Continuity Risks from Viral Pandemics”
Leader’s Edge 5/10/2020- Is PRIA the Answer?
Dr. Robert Hartwig was contacted by Russ Banham for a Leader's Edge article about the proposed Pandemic Risk Insurance Act (PRIA) and how it's being compared to the Terrorism Risk Insurance Act of 2002 (TRIA). Robert Hartwig, who was instrumental in drafting TRIA, says that PRIA … [Read more...] about Leader’s Edge 5/10/2020- Is PRIA the Answer?
Leader’s Edge 5/8/2020- Uncle Sam’s Promise: U.S. terrorism-loss backstop has yet to be tested
Dr. Robert Hartwig was quoted in Russ Banham's article in Leader's Edge about Congress discussing a backstop similar to the Terrorism Risk Insurance Act (TRIA) for the economic impact of COVID-19. Hartwig, chief economist at the Insurance Information Institute during the 0/11 … [Read more...] about Leader’s Edge 5/8/2020- Uncle Sam’s Promise: U.S. terrorism-loss backstop has yet to be tested
Leader’s Edge 5/1/2020- Breaking the Rules
Dr. Robert Hartwig was quoted in a Leader's Edge article about insurance companies being called out by consumer advocates and political activists to absorb business interruption costs being caused by COVID-19. Hartwig says, "The contractual language is crystal clear," and, "There … [Read more...] about Leader’s Edge 5/1/2020- Breaking the Rules
COVID-19: Economic Impacts on the P&C Insurance Industry Presentation
Dr. Robert Hartwig presented to the Inland Marine Underwriters Association (IMUA) and American Institute of Marine Underwriters (AIMU) about COVID-19's economic impact on the P&C Insurance Industry. Click here to watch the virtual presentation and view the entire PowerPoint … [Read more...] about COVID-19: Economic Impacts on the P&C Insurance Industry Presentation
Business Insurance 4/15/2020: COVID-19 comp expansions could have significant impact on industry
Several states are considering or have enacted expanded workers compensation coverage for COVID-19. It extends coverage to all workers labeled essential, instead of only first responders and health care workers. Business Insurance reached out to Dr. Robert Hartwig for his take on … [Read more...] about Business Insurance 4/15/2020: COVID-19 comp expansions could have significant impact on industry
Chisel AI 4/14/2020: The Impact of COVID-19 on Insurance with Robert Hartwig
Dr. Robert Hartwig was a guest on the AI Wisdom podcast hosted by Chisel AI. He spoke further about the impact of COVID-19 on the insurance industry, specifically across Life, Health, Property & Casualty, Workers' Compensation and SMB insurance including business interruption … [Read more...] about Chisel AI 4/14/2020: The Impact of COVID-19 on Insurance with Robert Hartwig
Insurance Journal 4/3/2020: This Insurance Would Have Helped in Coronavirus Crisis But Nobody Bought It
In May 2018, Marsh launched an innovative parametric insurance policy that was designed to provide business interruption insurance in the event of a pandemic. This is the first insurance product of its kind. Dr. Robert Hartwig was contacted by the Insurance Journal for a comment … [Read more...] about Insurance Journal 4/3/2020: This Insurance Would Have Helped in Coronavirus Crisis But Nobody Bought It