Insurance Companies Piling on the Losses During COVID-19. What are the Tax Implications for Them?

Industry leader fights fraudulent claims with new technology based tools

The novel coronavirus, COVID-19, was first discovered towards the end of December 2019. It is a zoonose. In other words, it jumped from an animal host, more than likely a bat, to a human host. Once in its human host, it evolved to the form that we now know and started spreading rapidly via person-person transmission. At least, this is how scientists presume COVID-19 originated. Unfortunately, very little is known about this virus, excepting the following three points: COVID-19 causes a respiratory illness that can either be mild or so…

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