COVID-19 and business interruption Archives

The BIG Compromise for Biz Interruption Coverage Suits Explained

Good faith coverage disputes over pandemic-related business interruption coverage don't have to be fought out in courts, and retroactive rewrites of business interruption coverage language are ...

101 and Climbing: No. of Federal COVID Biz Interruption Lawsuits Expected to Rise

As of last Wednesday, a federal court had received notice that 101 lawsuits have been filed as of seeking coverage from insurers for business interruption losses caused by COVID-19, and plaintiffs ...

Carrier Groups Ready Proposal for Federal Pandemic Loss Fund–Not PRIA

Property/casualty insurance industry carrier groups are working to develop a proposed federal program to replace revenues lost by businesses shut down during pandemics like COVID-19, but it won't be ...