COVID-19's impact has been expansive. One impact that some experts are concerned about is how the coronavirus will affect the birth rate. During economic downturns and pandemics, birth rates decline says Dr. Robert Hartwig. “What we’ve not experienced previously, at least not in … [Read more...] about The Post and Courier 8/17/2020- How the 2020 coronavirus pandemic could decimate the birth rate in SC and the US
Dr. Robert Hartwig co-authored a white paper in conjunction with the American Property Casualty Insurance Association (APCIA) on maintaining stability in the P&C insurance markets amid COVID-19. Read the entire paper below. … [Read more...] about Co-Authored White Paper- “Communicable Disease Exclusions: Maintaining Stability in Property Casualty Insurance Markets Amid a Global Pandemic”
The recent increase in business interruption claims due to the pandemic have been almost universally rejected. This is for a variety of reasons, one of them being a pandemic or virus exclusion that was added to insurance policies following the SARS outbreak in 2003. This … [Read more...] about Associated Press News 7/28/2020- Struggling merchants, insurers battle over pandemic coverage
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?
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. 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”
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?
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
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
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