Recent News About Missouri Insurance Coalition
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Missouri Gov. Mike Parson signed House Bill 345 (HB 345) on June 29 to increase the number of parties who have a say in arbitration discussions.
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Insurance industry representatives are closely watching legal actions in Missouri that are moving forward where it is claimed companies can sue for business interruption linked to the COVID-19 shut down.A federal judge in Kansas City ruled in favor of allowing an action taken by a number of restaurants to move forward to the discovery stage.
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Stay-at-home orders are preventing lawmakers from acting on expanding healthcare liability protection.
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Retail workers and those working in health care may be among those who could claim workers' compensation if they contract Covid-19, according to insurance industry representatives.
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Insurance policies containing provisions for business interruption will not cover losses as a result of the coronavirus pandemic, industry leaders insist.Missouri businesses, many of them immediately struggling following the forced shut down in the face of the spread of the virus, are looking at different ways to survive during this unprecedented period.
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JEFFERSON CITY – The Missouri Insurance Coalition is hoping that asbestos bankruptcy trust transparency legislation will advance in the next legislative session.
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JEFFERSON CITY – Consumer lawsuit lending lacks regulation and transparency, according to the director of a watchdog group.
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JEFFERSON CITY – Legislation that would provide insurers with more say in arbitration hearings and ways to avoid excessive payouts to plaintiffs did not make it this legislative session but will be a top priority next year, an insurance advocate recently said.
