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New York Law Journal

COVID-19 and Business Interruption Insurance: Insureds Face Potential Roadblocks to Coverage

As these legal issues begin to wind themselves through the courts, businesses should take necessary steps to reserve their rights, but should not rely on the immediate payment of insurance proceeds during these difficult times.
9 minute read

Daily Business Review

Does Insurance Cover Business Losses Resulting From COVID-19?

Most businesses carry insurance for business interruption claims as part of the coverage they secured to protect their property. While courts have referred to these policies as "all-risk" policies, they are not without limitation.
5 minute read

The Recorder

Global Litigation After the Coronavirus Pandemic

Preparing now for this new influx of lawsuits may position both small and large companies to be on stronger footing after the dust from the coronavirus pandemic settles.
12 minute read

New York Law Journal

The Problems With Insurance for COVID-19 Victims and How To Fix Them

The country needs a workable and economically feasible solution that honors contracts and serves both customers and insurers.
10 minute read

The Legal Intelligencer

Despite Previous Remand, Justices Won't Hear Second Appeal in Motorcycle UIM Case

The Pennsylvania Supreme Court, citing its landmark decision in 'Gallagher v. Geico,' had previously vacated and remanded a Superior Court ruling affirming the denial of underinsured motorist coverage for a plaintiff who was injured when his motorcycle collided with a car. But now the justices have refused to hear a second appeal after the Superior Court found that 'Gallagher' had no bearing on the case.
4 minute read

New York Law Journal

Availability of Insurance Coverage for Immediate Coronavirus Losses

This article focuses on coverage for the immediate losses caused by coronavirus, including loss of revenue to businesses suddenly devoid of customers, businesses dealing with disrupted supply chains, and businesses forced to shutter either by concern for public health or by explicit government order.
8 minute read

Daily Business Review

French Quarter Landmark Offers Test of COVID-19 Business Interruption Coverage

Business owners are asking if they have insurance for shutting down due to the coronavirus. Attorney Joshua Whisler reports a New Orleans restaurant is setting up a test case.
3 minute read

New Jersey Law Journal

COVID-19 and Business Insurance: NJ Legislation Still in Play

A-3844, which would compel insurance companies to cover claims by New Jersey small business owners, remains a work in progress, according to its primary sponsors.
6 minute read

The Legal Intelligencer

Social Inflation's Impact on the Insurance Industry

In his 1977 Chairman's letter to stockholders, Berkshire Hathaway CEO Warren Buffett advised that costs in the insurance sector were expected to rise. One reason he offered was "social inflation" which he described as "a broadening definition by society and juries of what is covered by insurance policies."
9 minute read

Daily Business Review

Risk Allocation for Economic Losses from Coronavirus Disease 2019

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.
7 minute read

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