S1E4. Business Interruption Insurance and COVID-19 Losses

20/11/2020 14 min
S1E4. Business Interruption Insurance and COVID-19 Losses

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Episode Synopsis

COVID-19 restrictions imposed throughout the United States have resulted in business interruption losses in nearly every industry. Many insurance companies have denied coverage for COVID-19 business interruption losses, and policy holders have filed lawsuits seeking coverage. Courts are beginning to weigh in on whether business interruption insurance coverage will cover financial losses due to COVID-19. Rebecca Woods, Litigation partner, joins this episode for a discussion on:

* How business interruption and contingent business interruption insurance work
* Lawsuits and emerging trends
* Physical loss vs. physical damage claims
* Best practices and how policy-holders can position claims for success