business income losses News

New York Court Finds Insurer Not Responsible for Theater’s COVID-19 Losses

The Supreme Court of the state of New York, Nassau County, has dismissed a movie theater’s claims that its insurer is responsible for covering its COVID-19 related losses and that its insurance brokers were negligent in providing insufficient coverage. This …

Texas Insurance Agency Released from Suit by Restaurant Group Over Virus Losses

A federal judge in Texas has dismissed an independent insurance agency from a lawsuit brought by a Dallas restaurant group seeking reimbursement for business income losses stemming from the civil authority enforced shuttering of businesses in an attempt to stop …

Reassuring Customers Part of Job for Minnesota Agent in Aftermath of Riots

Dan Gutlovics did a lot of virtual hand holding during the first days of the violent protests in Minneapolis and St. Paul following the death of George Floyd while in the custody of Minneapolis police on May 25. Gutlovics, sales …

How to Help Hospitality Firms with Business Interruption Claims

Achieving fair recovery for business interruption losses is often one of the most challenging aspects of resolving commercial property insurance claims. This is especially true for hoteliers and others types of hospitality companies where the amount of income loss can …

One Area of Miami Declared Zika-Free While Zika Zone in Miami Beach Expanded

Authorities declared a victory Monday in stemming further infections of Zika in Miami’s Wynwood arts district, but continued to caution pregnant women about traveling to the city and surrounding areas out of concerns for catching the virus. The U.S. Centers …

Miami’s Popular Wynwood District Says Zika Reports Killing Business

Business has plummeted in Miami’s Wynwood arts district since Zika infections were reported there, according to gallery and restaurant owners who want government officials to speed up their response and help offset their losses. At an emergency meeting Monday, the …