In conjunction with the Locke Lord COVID-19 task force, we are reviewing, analyzing, and compiling regulatory updates to provide clients easy access to information during this unprecedented time. If you have any questions on the subject matter below, do not hesitate to reach out. The information below relates to state and federal bulletins, emergency orders, pending/enacted legislation, and other related actions taken in response to the COVID-19 pandemic.
All Lines of Insurance
Tennessee: On August 12, Tennessee passed HB 8001/SB 8002, which provides COVID-19 liability protection. The legislature had returned on August 10, 2020 for a Special Session to address COVID-19 liability protection, among other things. The COVID-19 Recovery Act provides immunity from civil liability for loss, damages, injury, or death arising from COVID-19, unless a claimant proves by clear and convincing evidence that there was gross negligence or willful misconduct. The Act is designed to give businesses, nonprofits, and schools the certainty needed to reopen. The Act will take effect upon becoming a law.
The post COVID-19 Daily Insurance Regulatory Updates To Keep You Informed During The Lockdown (August 13, 2020) appeared first on Insurance & Reinsurance.
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