business interruption 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 …

ES Risks & FocusPoint International Announce New Solution with Certain Underwriters at Lloyd’s of London to Provide World Class Response Under ‘Crisis Bulwark’ Facility

London, UK, FEBRUARY 9, 2021 – ES Risks and FocusPoint International (FPI) announce a new offering with Lloyd’s of London, that will bring world-class crisis response and technology into the product concept to be known as ‘Crisis Bulwark’. Crisis Bulwark …

Louisiana Bars Lose Appeal in Fight Against Forced COVID-19 Closures

Louisiana bar owners fighting coronavirus-related closures of their businesses lost an appeal at a federal appeals court. The 5th U.S. Circuit Court of Appeals on Jan. 13 upheld rulings from two lower court judges who last year refused to block …

Pandemic-Era Mardi Gras Lack Crowds, But Plenty of Cake

A subdued Carnival season began Wednesday after the coronavirus pandemic put an end to the crowd-heavy balls and street parades that draw thousands of people to the city every year. The Mardi Gras season always starts on Jan. 6 and …

Insurance Journal’s Most Noteworthy Topics of 2020: East Region

From questions over business interruption policy coverage spurred by the COVID-19 pandemic to property damage due to civil unrest, as well as significant court cases and state regulatory actions, it was a busy year for East region insurers. Here’s a …

Mink Captured Outside Oregon Farm Tests Positive for Virus

The Oregon Department of Agriculture said among animals captured during wildlife surveillance near a mink farm that recently had a coronavirus outbreak, a mink believed to have recently escaped confinement tested positive for low levels of the virus known to …

Washington Gym Defying Virus Orders Fined Nearly $10K a Day

The state has levied a large fine against a Graham gym that is defying Washington Gov. Jay Inslee’s orders meant to slow the spread of the virus. Graham Fitness was accused of eight violations totaling $77,112 by the state Department …

L.A. Restaurants Win Court Battle Over Virus Closures

Los Angeles County’s health director acted “arbitrarily” and didn’t prove the danger to the public when she banned outdoor dining at restaurants as coronavirus cases surged last month, a judge ruled Tuesday in a case other businesses may use to …

California Will Provide $500M in Virus Aid for Small Businesses

California will provide temporary tax relief and $500 million in aid to small businesses struggling because of coronavirus outbreak restrictions, Gov. Gavin Newsom announced Monday. The tax measures include a three-month automatic extension of the income tax payment deadline for …

Next Virus Shutdown May Cost Washington Restaurants $800M

A four-week shutdown on indoor service at restaurants and bars prompted by an alarming statewide spike in COVID-19 cases is expected to cost the industry some $800 million, a representative said Monday. Anthony Anton, chief executive of the Washington Hospitality …