April 9, 2020
Journal of Insurance Regulation: Special call for articles related to COVID-19.
As COVID-19 continues to spread in the U.S., it is impacting every aspect of our lives, personal and business. The Journal of Insurance Regulation is issuing a special call for articles related to how it is and will continue to impact the insurance industry and its regulation from an operational, business, and investment perspective. Numerous impacts and state regulatory actions have already transpired in the health, P&C, and life industries affecting worker鈥檚 compensation, health care and employee benefits, cyber security (with employees working from home), travel insurance, and business interruption program lines of business. Further changes have transpired in the day-to-day licensing, ratemaking, underwriting, claims handling, and premium collection operational activities. Although the industry remains well-capitalized, economic and financial market impacts are being watched closely for potential solvency concerns. If you are working on a project in any of these areas and are interested in having it considered for publication in the Journal, let us know. Though still subject to double blind review, due to the timeliness of the subject matter, articles on this subject will be provided with an expedited review process.
Given the timeliness of this issue, in addition to seeking research articles for consideration for the Journal, we are seeking 2 to 3 page policy position briefs that answer the following question related to the potential development of a federal program to provide pandemic related business interruption coverage:
Are there any existing federal programs that could be utilized to model a new federal program for prospective pandemic business interruption coverage? For example, the: Terrorism Risk Insurance Program; National Flood Insurance Program; Federal Deposit Insurance Corporation鈥檚 deposit insurance program; Federal Crop Insurance Program; Federal Aviation Administration鈥檚 Aviation War Risk Insurance Program; or other? The position brief should provide sufficient detail/response to the question posed and include some objective research on which you base your position. In particular, discussion should address: i) is pandemic risk insurable; ii) how could this existing structure (i.e., any of its particular components) be leveraged to model a new federal pandemic risk insurance program related to business interruption coverage; iii) what would be the advantages and disadvantages of its implementation; iv) what would 鈥渂usiness interruption鈥 be required to cover or not cover to qualify for federal support; and v) what might coverage cost?
Briefs will be reviewed by a committee. Accepted briefs will be posted on the Journal of Insurance Regulation and/or Center for Insurance Policy and Research website(s). Additionally, position briefs expanded to full articles will be considered for expedited review and publication in the Journal.
We look forward to hearing from you.
Best,
Cassandra Cole and Kathleen McCullough
Co-Editors
Journal of Insurance Regulation
JIReditor@gmail.com
About the National Association of Insurance Commissioners
As part of our state-based system of insurance regulation in the United States, the National Association of Insurance Commissioners (不良研究所官方) provides expertise, data, and analysis for insurance commissioners to effectively regulate the industry and protect consumers. The U.S. standard-setting organization is governed by the chief insurance regulators from the 50 states, the District of Columbia and five U.S. territories. Through the 不良研究所官方, state insurance regulators establish standards and best practices, conduct peer reviews, and coordinate regulatory oversight. 不良研究所官方 staff supports these efforts and represents the collective views of state regulators domestically and internationally.