Insurance policyholders file lawsuits seeking coverage for virus-related business interruption losses

Businesses across virtually every industry are facing devastating financial losses resulting from governmental closure orders and restrictions. As previously noted, many commercial property loss policies contain civil authority provisions, business interruption coverage and contingent business interruption provisions. Some businesses are insured under an “all risks” policy and there are numerous industry and individual business endorsements, some even specifically designed to cover “pandemic events.”

Some states introduce legislation around insurance coverage exclusions for virus-related business interruption losses

Businesses throughout the country continue to experience revenue reduction and business disruptions related to mandated shutdowns and slowdowns resulting from the COVID-19 pandemic. Many are looking into their options to recoup economic losses attributed under business interruption or income loss provisions contained in commercial property loss policies.

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Lancaster

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Lancaster, PA 17601
Phone: (717) 556-1000
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