How the COVID-19 Pandemic Is Changing the Insurance Industry
Innovations such as accelerated underwriting once were aspirations for some insurers but have become necessities for most.
Data shows changing severity patterns for the initial 10-day window, with subsequent changes as well.
Data from Florida and Arizona reveals surprises.
Insurance shopping rose during the shutdown, particularly for companies not exclusively focused on direct selling.
Insurers' rapid responses to the shutdowns via rebates and discounts helped contain price shoppers.