Commercial property & casualty market outlook 2020 Q2 : insights from USI National Practice Leaders
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<subfield code="a">AAt perhaps no other time in recent history have so many significant and interrelated challenges confronted the nation simultaneously a public health emergency, economic downturn, increased unemployment caused by the devastating COVID-19 pandemic and the incomprehensible toll that it has taken on human life. In the attempt to thwart the spread, shelter-in-place orders, social distancing, and office closures were implemented. This resulted in an unprecedented shut down or slow-down of businesses across the U.S., subsequent job losses, and a historic economic crisis. Government stimulus efforts and the Coronavirus Aid, Relief, Economic and Security (CARES) Act funding provided businesses with only partial or temporary relief.</subfield>
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