COVID-19’s New Impact on Insurance

Insurance rates are expected to increase in different area due to the impacts of COVID as the pandemic progresses.  Cargo insurance rates are projected to increase due to the global delivery of vaccines and the lack of proper coverage.  EPLI could be impacted due to the vaccine and the possible requirement of a vaccine at various workplaces.  One of the more interesting impacts of the virus seems to be coming in the Workers Comp market.  According to Liberty Mutual in this article, they feel the trends of claims due to COVID will significantly impact the Workers Compensation industry.

Illinois Office

  • 95 N Research Dr
  • Suite 100
  • Edwardsville, IL 62025
  • Mon-Fri: 8am - 5pm
  • phone 618.692.9800
  • toll free 800.556.2663
  • fax 618.692.9865
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Missouri Office

  • 2236 Mason Ln.
  • Ballwin, MO 63021
  • Mon-Fri: 8am - 5pm
  • phone 314.821.6560
  • toll free 888.868.6560
  • fax 314.821.5779
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