Coronavirus update: Protests erupt, insurance coverage lawsuits and more

RIMS issued a letter to the U.S. Department of the Treasury, Congress and President Trump requesting the creation of a pandemic risk insurance program to accelerate economic recovery. In the letter, RIMS asserts that a pandemic risk insurance program would provide greater access to capital from lenders and establish a viable insurance market. It would also provide greater […]

More Insurers Hit With COVID-19 Business Coverage Lawsuits

Six insurers were hit with class-action suits against in federal courts Friday over their denials of coverage for businesses shut down because of the COVID-19 outbreak. Certain Underwriters at Lloyd’s, London in New York, Topa Insurance Co. in California, Society Insurance in Wisconsin, Auto-Owners Insurance Co. in Ohio, Oregon Mutual Insurance Co. in Oregon, and […]

Lawyers file multiple class actions seeking virus coverage

A group of law firms together filed six class-action lawsuits against insurers in federal courts from California to New York on Friday on behalf of commercial policyholders seeking business interruption coverage for coronavirus-related losses. None of the policies contain a communicable disease exclusion, the suits allege.

Five more foodservice operators take to court to compel coverage of business interruption claims for COVID-19

A wave of lawsuits seeking class-action status argue restaurants have been unfairly denied business interruption insurance claims. Another five lawsuits seeking class-action status have been filed by restaurants and hospitality groups against the insurance companies that are denying business interruption insurance claims in response to COVID-19-related restaurant closures.

6 Insurers Hit With Class Suits Over COVID-19 Coverage

A group of attorneys from DiCello Levitt Gutzler LLC, the Lanier Law Firm PC, Burns Bowen Bair LLP and Daniels & Tredennick launched class action suits against six insurance companies in federal courts on Friday over their denials of coverage for businesses shut down because of the COVID-19 outbreak.