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Coronavirus

The outbreak of 2019 Novel Coronavirus, in Wuhan City, Hubei Province of China, has prompted questions of how insurance policies might respond to claims stemming from business losses attributed to this infection, which prompted the Insurance Impacts of 2019 Novel Coronavirus white paper from Crawford.

The primary virus infection, which can result in pneumonia and even death, originated from a Wuhan city seafood market. Subsequently, person-to-person transmission has occurred, primarily to health workers who had contact with those initially infected. The concern is that this may lead to widespread infections, worldwide.