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-0.00275132275132266 -0.00275132275132266 0.0032804232804233 0.0032275132275133 -0.00338624338624331 -0.0043386243386243 -0.00518518518518513 -0.00349206349206347
Stock impact report

Insurers feel the heat as chefs, Trump join calls for payouts [Reuters]

Hanover Insurance Group Inc (THG) 
Last hanover insurance group inc earnings: 4/28 04:13 pm Check Earnings Report
US:NYSE Investor Relations: www2.snl.com/irw/corporateprofile/103541
Company Research Source: Reuters
Insurers feel the heat as chefs, Trump join calls for payouts LONDON/NEW YORK (Reuters) - Daniel Duckett, owner of the Lazy Claire patisserie in Belfast, was hoping for an insurance payout of up to 100,000 pounds ($123,460.00) to cover losses during the coronavirus lockdown. Now he fears for the future as he battles for the compensation. Duckett is one of thousands who have called their insurers to claim on business disruption policies as the spread of the new coronavirus forces large parts of the global economy to shut down, with the answer for most a straight “no”. As the industry increasingly comes under fire, critics ranging from U.S. President Donald Trump to groups of celebrity chefs have joined the call for payouts to be made. But insurers, already facing huge payouts on travel and trade credit insurance and the cancellation of sporting events such as the Wimbledon tennis championship, say clauses allowing claims due to government closures or communicable diseases often do not Show less Read more
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