- Business Insurance -


A North Carolina court recently issued a trial court ruling, granting coverage for COVID-19-related business losses. The decision is not binding in any other court, including courts within North Carolina.

Click here for a downloadable handout providing more detail on this case.


Effective September 17, 2020 – Employers are required to report and track positive COVID-19 tests for their employees. The new law requires all positive tests be reported to the employers’ workers compensation carrier or claims administrator. Failure to report the data accurately and timely can result in penalties up to $10,000 against the employer. This is an extension of a prior enacted law (SB1159) which provides a presumption of “work-relatedness” to an employee’s contraction of COVID-19 in certain circumstances.

Click here for a downloadable handout providing more detail regarding the new requirements.


Key economic responses governments are taking to limit the impact of COVID-19 via the International Monetary Fund.

International Monetary Fund Policy Tracker

This policy tracker summarizes the key economic responses governments are taking to limit the human and economic impact of the COVID-19 pandemic as of end-March 2020. The tracker includes 192 economies. More countries will be added soon.



On December 27, 2020, President Trump signed a $2.3 trillion omnibus/relief bill.
Read more:


Read more:


Learn more:

Visit the Economic Support page for more resources.


On March 27, President Trump signed the CARES Act "Coronavirus Aid, Relief and Economic Security Act" following a unanimous vote by the Senate. The CARES act includes public health aid to address COVID-19, cash relief for citizens, broad lending for small business and relief for impacted industries.

Review this summary of the CARES Act from the legal team at Steptoe & Johnson here.

Download: Understanding the $2 Trillion Stimulus Package

Read more about small business loans and reimbursements available for paid leave here in our March 27, 2020 blog post.


US Chamber of Commerce Small Business Guide and Checklist

US Small Business Administration


Extension of the Grace Period for Payment of National Flood Insurance Program (NFIP) Premiums Due to COVID-19 Pandemic

Memo from FEMA

FEMA Website


Requests property and casualty insurers to be lenient with time frames associated with claim reporting and information

Urges automobile insurers to consider offering an immediate reduction in premium via premium credit or return of premiums.

Requests insurers, producers, and other licensees who accept premium payments to consider alternate methods of payment like electronic transfers.

Prohibits carriers from terminating insurance contracts due to non-payment and extends the grace period for policy cancellation caused by late payment.

Encourages insurers to allow policyholders to self-audit and self-report changes in their exposure or risk profile and adjust premiums accordingly

Prohibits insurers from terminating insurance contacts due non-payment

Urges insurers to consider offering relief in non-payment cancellations, grace periods for premium payments, waive late fees and suspend the use of credit report for rating.

Amends a prior Executive Order by suspending provisions regarding workers compensation qualification for first responders and heath care workers who contract COVID-19.

Suspends certain provisions within Arkansas Code regarding Workers’ Compensation coverage for first responders and front-line healthcare workers

Issues a 60-day moratorium on the cancellation/non-renewal of personal lines insurance policies

Seeks to ensure that all agents, brokers, insurance companies, and other licensees “accept, forward, acknowledge, and fairly investigate all business interruption insurance claims submitted by businesses.

Insurance Commissioner Orders Insurance Companies to refund premiums for six lines of coverage

Prohibits insurers from denying a claim under a personal auto policy solely because the driver provided delivery service on behalf of a California essential business impacted by COVID-19

Notes that all licensees should not attempt to enforce policy or statutory deadlines on policyholders until 90 days after the end of the statewide state of emergency where failure to comply could result in the forfeiture, limitation, or waiver of any policyholder(s) rights to benefits under any policy of insurance.

Requests that all insurers provide their policyholders with at least a 60-Day insurance Premium Grace Period Due to COVID-19

Directs all insurers issuing coverage to personal and commercial policyholders to make reasonable accommodations to prevent individuals and businesses from losing coverage due to cancellation for the non-payment of premium

Requests that insurers consider lowering personal vehicle premiums and adjust commercial hired and non-owned auto insurance in light of the disruption caused by COVID-19.

Enacts a 60-day grace period for premium payments, policy cancellations, and non-renewals of insurance policies through June 1, 2020.

Requests that all insurers provide their insureds with at least a 60-day grace period to pay insurance premiums and that all agents and brokers that accept premium payments on behalf of insurers take steps to ensure that customers have the ability to make prompt insurance payments.

Requests flexibility of insurers surrounding premium payments and other administrative items

Reminds insurers that the Sixth Modification of the Declaration of a State of Emergency prohibits, without a court order, the suspension, cancellations and non-renewals of certain defined insurance policies due to nonpayment of premium during the pendency of the state of emergency.

Clarifies that the Order intends to grant covered policyholders an extension of time for the payment of premium due under covered insurance policies during the pendency of the declared state of emergency without penalty or interest. This is not intended to vary the terms and conditions of any covered insurance policy or be considered a forgiveness of premium due by a covered policyholder under a covered insurance. Upon the termination of the COVID-19 State of Emergency, requires any premium due by a covered policyholder to remain due under a covered insurance policy.

Requires that insurers cease cancellations or non-renewals of insurance policies due to nonpayment throughout the duration of the state of emergency for those residents and business owners who are experiencing a loss of income.

Encourages insurers to be flexible with premium payments by considering the following: Relaxing due dates; Extending grace or reinstatement periods; Waiving late fees and penalties, and Allowing payment plans.

Notes that the requirement that all P&C insurers refrain from canceling commercial policies will expire on May 19, 2020 and establishes end dates for several other regulatory policies.

Instructs property and casualty insurers not to cancel any commercial policies for non-payment, particularly those dealing with business interruption or business income coverage, for the next 60 days.

Calls on health insurers to refrain from canceling policies for non-payment until further notice.

Encourages property and casualty insurers to be lenient with time frames associated with claim reporting, late fees with premium payments, non-renewals and other administration associated with insurance policies.

Encourages insurers to work with their insureds to ensure coverage continues during this time.  Continue working with insureds for a period of 60 days after this health emergency has passed, or as long as reasonably practical.

Encourages carriers to consider implementing measures to accommodate deadlines in premium payments, cancellations, audits and proof of loss

State issued Emergency Order temporarily amending Illinois Worker’s Compensation Statute providing that in all claims for workers compensation founded upon the employee’s contraction of COVID-19, where the employee meets the definition of a “COVID-19 First Responder or Front-Line Worker,” it shall be presumed that the contraction of the disease arose in the scope and course of employment and that it is casually connected to the hazards or exposures of the employee’s employment.

Requests P&C insurers consider implementing protective measures regarding cancellation of policies, non-renewal notices, and extension of policy provisions.

Requests that all insurers institute a moratorium on policy cancellations and non-renewals for 60 days.Notes the Department will modify its own internal policies to implement a 60-day grace period for renewals and cancellations for licensees, certificate holders, and registrants. Reminds insurers of the FFCRA and their associated obligations (e.g., covering testing services and treatment for COVID-19, etc.).

Imposes a moratorium on policy cancellations and non-renewals for policyholders in Louisiana during the COVID-19 outbreak.

Commends the voluntary efforts by insurance companies to reduce or refund premiums and encourages other insurers to do the same where possible. Provides guidance to property and casualty insurers for implementing premium reductions and refunds.

Reminds insurers that no admitted or surplus lines insurer may use COVID-19 as a reason to attempt to narrow or cancel the coverage of a policy already in effect.

Requests that P&C insurers who write certain commercial policies work with producers to accommodate policyholder requests for midterm revisions to their premium based on COVID-19-related changes in payroll or revenue; waive/reduce short rate cancellation penalties; and attaching adverse underwriting or pricing outcomes for insureds that have filed Business Interruption Claims.

Encourages insurers to work with policyholders to make premium reductions like updating their list of out of service vehicles and the request of premium modifications all without the return of tags.

Emphasizes the requirement that insurers provide notice of a claim promptly and they provide consideration of COVID-19 when assessing the time periods associated with information and claim reporting:

Encourages all insurers to make reasonable accommodations so that individuals and businesses do not lose coverage due to non-payment of premiums during the COVID-19 state of emergency.

Provides that reasonable accommodations may include suspension of premiums due, an extension of billing due dates and premium grace periods, and waiver of installment and late payment fees.

Provides guidance regarding flexibility in the issuance and administration of medical malpractice insurance during COVID-19.

Requests that insurers work with employers experiencing financial hardships and explore ways to relax issues associated with payment provisions.

Details filing requirements for automobile insurers that plan to issue refunds or premium waivers to their customers as a result of the COVID-19 pandemic.

Strongly encourages insurers to provide their insureds with at least a 60-day grace period to pay insurance premiums so that insurance policies are not canceled for nonpayment of premium.

Urges all property and casualty carriers to provide flexibility to insureds regarding modified operations, payment flexibility, and that any flexibility granted does not harm renewal terms.

Clarifies that insurers may issue cancellation/non-renewal notices for non-payment of premiums during the 60- day moratorium period but may not cancel insurance during the moratorium period.

Issues a 60-day moratorium on the cancellation/non-renewal of policies for the non-payment of premiums.

Notes that this moratorium is not a waiver of premium; rather, it is a moratorium on the cancelation or non-renewal of policies for the failure to pay premiums during the applicable 60-day period.

Strongly encourages insurers to allow, when requested, mid-term audits, self-audits, or other adjustments to rating bases to more accurately reflect annual exposure projections.

Strongly encourages insurers to:

  • To issue a grace period that would prevent cancelations, nonrenewal, or termination coverages.
  • To extend a grace period of at least 60 days for coverage where premium or subscription charges are unpaid.

Insurance Commissioner Requests that insurers work in the following ways to help insureds:

  • Providing additional time to make payments.
  • Allowing grace periods to delay premium payments.
  • Suspending premium billing for small businesses such as restaurants, bars, and others that have been shut down or had their operations severely reduced, for a specific number of days or billing cycles.
  • Waiving insurance premium late fees and other fees for families, individuals, and businesses.

Permits auto insurance companies to provide relief in the forms of premium refund credits, checks, dividends, or similar measures.

New Hampshire
Establishes a prima facie presumption that a first responder who has tested positive for COVID19 was exposed/infected at work (i.e., it was occupationally related).

New Jersey
90-day grace period for P&C premium payments

Executive Order prevents cancellations of any policy or contract as a result of nonpayment during the emergency grace period.

Encourages carriers to relax due dates for premium payments and exercise judicious efforts to assist affected policyholders.

Encourages carriers to relax due dates for premium payments and insurance policy-based loan payments, extend grace periods, waive late fees and penalties, allow forbearance with regard to the cancellation/non-renewal of policies, allow payment plans for premium payments, extend timeframes to complete property and automobile inspections or undergo medical exams, and exercise judicious efforts to assist affected policyholders.

New Mexico
Encourages carriers to be particularly attentive to deadline, regulatory, and communication requirements.

Requests carriers not cancel or non-renew policies.

New York
Clarifies that the grace period emergency regulation does not apply to commercial lines policies issued by excess lines insurers and will not affect any such policy’s cancellation provisions, except as respect any excess line commercial fire insurance policy.

Offers guidance on the emergency regulation on the extension of payment periods for property and casualty insurers.

Provides guidance to entities regulated by the Department of Insurance regarding cybersecurity awareness during the COVID-19 pandemic.

Information on the Executive Order from Governor Cuomo:

Department of Financial Services takes action for consumers and small business facing financial hardship during COVID-19

Clarifies that DFS has confirmed that the moratorium does not apply to excess line commercial policies and policyholders, but does apply to excess line personal lines policies and policyholders.

Urges carriers to do their part to alleviate the adverse impact on those consumers and small businesses that can demonstrate financial hardship caused by COVID-19.

North Carolina
Extends the deadlines for self-insured workers' compensation filings.

Requests relaxed premium considerations

North Dakota
Provides first responders, health care workers, and other enumerated occupations who are exposed to COVID-19 in the course of employment may file a claim for workers’ compensation coverage and may be eligible for up to 14 days of wage replacement and medical coverage if quarantined.

Encourages NFIP policyholders to take advantage of grace period extension.

BWC Board approves $1.6 billion dividend for Ohio employers!ut/p/z0/jY3LDoIwFER_BRcsScsjBJaN8RnQuDHYjSm0QpXcFmiK_r3VDzCuJjNzzx1EUYUoMCtbZqQC1jt_oen1mBeb7S7Bh6xIMkzOp_WKkCyO4hTtEf194D5EY7ksW0Q1M10g4aZQVSs2cqb1qKyYGmUlD3MunQjgAU5CHOEPKe_DQAmijQIjnsZxc-N9DRhPQNvLqfOxC30MYp4C5mhhXTm59I8J_aD1ayaLN4MU_jo!/

Governor DeWine proposes $1.6B dividend for Employers during April 8 Session; BWC to hold an emergency meeting to vote on the proposal.

Requires Insures to provide insureds with at least a 60 day grace period to pay insurance premiums

Insurers to comply with several requirements during the state of emergency, including giving their insureds the option of deferring premium payments coming due, interest-free, for up to 60 calendar days from each original premium due date.

Requires P&C carriers to extend any applicable grace period for nonpayment of premiums by 45 days including Premium Finance

P&C carrier requirements related to COVID-19

Details auto insurers who are providing premium refunds, credits, and extended coverage.

Extends the duration of its premium forbearance order through May 23, 2020.

Calls on insurers to extend coverage for personal delivery drivers and to limit the application of commercial delivery exclusions.

State issues grace period order for insurance deadlines

Encourages carriers to relax premium related due dates and penalties

Rhode Island
Encourages carriers to relax premium related due dates and penalties

South Carolina
Advises carriers to relax premium related due dates and penalties

Encourages premium finance companies and insurers to work together to accommodate insureds, to the greatest extent possible, to accommodate insureds regarding premium payment.

Encourages carriers to relax premium related due dates and penalties & asks carriers to streamline administrative process’

Encourages insurers to review the requirements for making policy changes, verify their compliance efforts, and report any suspected violations.

Expects insurers to work with commercial policyholders that have reduced operations due to the COVID-19 outbreak to amend and adjust premium audits.

Guidance on Workers’ Compensation

Guidance on Workers’ Compensation 

Encourages every insurer to begin developing plans to prevent individuals from overpaying when it comes to their auto insurance.

Extends deadlines for property insurance claims with building repairs by 60 days.

Provides that under certain circumstances, claims for health care providers and first responders involving COVID-19 may be allowed, but in most circumstances, exposure and/or contraction of COVID-19 is not considered to be an allowable, work-related condition.

Details the rights of high-risk employees during the COVID-19 crisis.

Urges insurers to consider refunds of auto premiums to drivers

Requires insurers that sell property and casualty policies in our state to:

  • Provide a grace period for policyholders to pay their insurance premiums
  • Waive fees related to any late payments, including late fees and reinstatement fees
  • Refrain from canceling any policy for nonpayment of premium, unless the policyholder requests the policy to be canceled

West Virginia
Insurers must not issue a cancellation notice or nonrenewal notice pertaining to any insurance policy during the COVID-19 pandemic

Orders insurers to assist restaurants who have begun offering delivery service to customers during the COVID-19 public health crisis

Encourages insurers to offer flexibility to insureds who are incurring economic hardship, including offering non-cancellation periods, deferred premium payments, premium holidays and acceleration or waiver of underwriting requirements.