Insurance Companies Are Essential: States

March 25, 2020 by Allison Bell

U.S. life insurers are saying one thing they need to keep life insurance and annuity functioning smoothly throughout the COVID-19 emergency is permission to keep their offices open.

At least some states have responded by exempting insurers from state “shelter in place” orders, and other efforts to slow the spread of the virus that causes COVID-19 by limiting how much people can interact with one another.

California Gov. Gavin Newsom has explicitly included insurers in the “essential critical infrastructure” list that goes along with his “stay at home” order.

Illinois Gov. J.B. Pritzker and New York Gov. Andrew Cuomo have included similar provisions in their states’ stay-at-home orders.

Click HERE to read the full story via ThinkAdvisor

Originally Posted at ThinkAdvisor on March 23, 2020 by Allison Bell.