S. Africa Insurer Santam Loses Appeal in COVID-19 Business Income Case With Hotelier October 7, 2021 JOHANNESBURG – South Africa’s Supreme Court of Appeal has ruled Santam is liable to cover the impact of COVID-19 restrictions...
UK COVID-19 Business Insurance Payouts Top One Billion Pounds September 16, 2021 Small companies in Britain, which demanded that their insurers cover claims for losses accrued during the COVID-19 pandemic, have received...
Ruling Against Dentist’s COVID Business Interruption Could Be Key Win for Insurers August 4, 2021 By Jim Sams A federal appellate court ruling that dismissed a dental practice’s COVID-19 business interruption claim might be the beginning of the...
French Chef Seeks $1.9M from Allianz for Biz Income Losses During COVID Lockdowns June 17, 2021 By Alexandre Rajbhandari A French Michelin three-star chef is asking Allianz SE for 1.6 million euros ($1.9 million) in insurance claims for losses...
Plaintiffs Seek ISO Files on Virus Exclusion to Back Business Interruption Claims June 7, 2021 By Jim Sams Plaintiffs attorneys are looking deep into the weeds for evidence to support claims for business income lost because of COVID-19...
5 Ways Cyber Business Interruption Differs from Traditional Business Interruption: RIMS May 19, 2021 By Andrew G. Simpson While a typical business interruption can often be a confusing insurance situation, the picture gets even muddier when it involves...
When Lights Go Out as They Did in Texas, Insurance Coverage Could Turn On March 26, 2021 By Rhonda D. Orin and Daniel J. Healy The power was still off in Texas last month when rating agencies began predicting that the weather-related catastrophe would cause...
BI Innovation Coming Soon: Low-Limit Policies from Insurtech Thimble March 11, 2021 By L.S. Howard See a need and then fill it. That’s the secret of most successful businesses—and that was the driving motivator of...
Irish Regulator Presses Insurers to Pay COVID-19 Claims Following Court Ruling February 12, 2021 By Padraic Halpin Ireland’s central bank governor told insurers to urgently honor and pay valid claims related to COVID-19 disruption, following a successful...
Pandemic-Related Business Interruption, Cyber Top Business Risks for 2021: Allianz January 27, 2021 There was no escaping the coronavirus in 2020 and the pandemic will dominate the risk landscape again in 2021, according...