Analysis

Losses have not been uniform; they depend largely on how plan sponsors have allocated assets between Treasuries and credit.

Determining coverage for a loss will depend on the policy language and its interpretation.

Don't forget the WARN Act, a federal law that requires covered employers to provide employees with a 60-day advanced notice of impending layoffs.

Coronavirus Disease 2019 (COVID-19) is causing unprecedented disruptions to the U.S. economy, and government officials and health professionals expect that these could continue through September.

According to Fitch Ratings, the recent stress in the commercial paper market is not a sign of liquidity problems in America's most stable businesses.

Swift, strong action could help prevent a major economic crisis, economists and strategists say.