First Coronavirus Business Interruption Trial Gets Underway December 17, 2020 By Jef Feeley and Katherine Chiglinsky The owners of a restaurant in the heart of the New Orleans French Quarter are asking a Louisiana judge to...
South Africa Court Dismisses Insurer Guardrisk’s Appeal in Coronavirus Claims Case December 17, 2020 JOHANNESBURG – A South African court on Thursday dismissed insurer Guardrisk’s appeal against a previous ruling that found it was...
COVID, Economy, Social Inflation Warrant Negative Commercial Lines Outlook: A.M. Best December 11, 2020 U.S. commercial lines insurers will continue to be tarnished by an A.M. Best negative outlook, thanks to COVID-19 economic uncertainty,...
How to Address the Next Uninsurable Pandemic — A Black Swan Event December 9, 2020 By Lucca de Paoli, Katherine Chiglinsky and Benjamin Robertson There aren’t many contexts where $2 trillion seems like a paltry sum. Then a pandemic comes along. The economic fallout...
Bankrupt Store Chain Sells $175M Unpaid COVID Insurance Claim to Pay Debt December 7, 2020 By Jeremy Hill There’s an unusual asset up for grabs in Century 21 Stores’ going-out-of-business sale: a stake in its long-shot legal fight...
30 Major League Baseball Teams Sue insurers Over Lost Revenue Due to Coronavirus December 7, 2020 By Jake Seiner Major League Baseball and all 30 of its teams are suing their insurance providers, citing billions of dollars in losses...
Independent Film Productions Shut Down as Virus Insurance Is Hard to Find November 30, 2020 By Katherine Chiglinsky and Richard Chess For independent filmmakers, the Covid-19 pandemic has added a new hurdle to the already challenging task of lining up financing:...
Insurers Winning Most, But Not All, COVID-19 Business Interruption Lawsuits November 30, 2020 By Jef Feeley and Katherine Chiglinsky In the multibillion-dollar fight over insurance coverage for pandemic-related business losses, a Florida gynecologist succeeded where more than a dozen...
South African Insurer Santam to Appeal COVID-19 Business Interruption Ruling November 20, 2020 Santam said on Friday it would appeal against a court ruling that found South Africa’s largest non-life insurer liable to...
South African Insurer Santam Loses COVID-19 Business Interruption Test Case November 18, 2020 By Roxanne Henderson A Cape Town court ordered Santam Ltd. to pay out business-interruption claims to two South African hospitality companies, potentially opening...