The State of the Insurance Market for Hospitality
… majority of which they are denying or reserving their rights. They are fearful that the empty restaurants and nearly empty hotels may generate vandalism losses. They are fearful that the return of guests and employees will bring an entirely new wave of claims. Workers’ Compensation The last bastion of soft pricing was Workers’ Compensation insurance. That all changed in California when Governor Newsom issued an executive order in the first week of May that Workers’ Compensation benefits will be provided to workers who contract COVID-19 on the job. The presumption is that workers who work outside of their …
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