Best’s Commentary: Impact of US Government Shutdown on Insurance Industry Will Depend on Duration

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--A U.S. government shutdown, which would have an immediate impact on the economy, also could directly affect insurers, though the severity would largely hinge on the length of time before Congress reaches a budget agreement, according to a new AM Best commentary. Historically, government shutdowns have been relatively brief, with the resulting economic impact being minor. However, the Best’s Commentary, “Impact of US Government Shutdown on Insurance Industry Will