Federal Judge Advances Business Interruption Dispute Between Law Firm, Travelers August 17, 2020 By Andrew G. Simpson A federal judge in California disappointed a law firm suing Travelers Insurance over coronavirus lockdown related business interruption claims in...
Judge Tosses Texas Barbershops’ Suit Against Insurer Over Coronavirus Losses August 16, 2020 By Stephanie K. Jones A federal judge has agreed with an insurer that a group of barbershops in the San Antonio, Texas-area have no...
Consolidation of COVID Business Loss Suits Denied; But Grouping by Insurer Eyed August 13, 2020 By Andrew G. Simpson The legal panel on multidistrict litigation (MDL) has denied a proposal to consolidate cases brought by multiple businesses against various...
Judge Allows Businesses’ Lawsuits Against Insurer Over Coronavirus Losses August 12, 2020 By Jonathan Stempel A federal judge in Missouri said on Wednesday a group of hair salons and restaurants can sue their insurance carrier...
Trust in Insurers/Finance Could Take Long-Term Battering with COVID Crisis: Opinion August 10, 2020 By Elisa Martinuzzi, Bloomberg Opinion Like the rest of us, the world’s finance industry is still wrestling with the huge uncertainty of a pandemic that...
S. Africa’s Regulator to Clarify Policyholders’ Rights in Pandemic Insurance Claims August 7, 2020 By Emma Rumney South Africa’s financial watchdog is consulting with lawyers and the insurance industry on a potential test case to clarify whether...
D.C. Judge Rules For Insurer, Dismisses Restaurants’ Business Interruption Claims August 7, 2020 By Andrew G. Simpson The insurance industry has notched another victory in its defense of its commercial insurance policies against claims for business interruption...
UK Regulator Warns Insurers to Fairly Calculate COVID-Related Biz Interruption Claims August 4, 2020 Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis will face...
COVID Business Interruption Suits Top 700. Yep, That’s A Lot August 3, 2020 By Susanne Sclafane When insurance coverage lawsuits brought by businesses seeking coverage for COVID-related interruptions surpassed the 700 mark last week, the natural...
S. Africa Insurers’ COVID-19 Payments May Be Too Little, Too Late, for Some Businesses July 31, 2020 By Emma Rumney and Joe Bavier South African small businesses fighting rejected coronavirus-related claims said insurers’ offers of relief are too little too late for many...