Falling profits, rising claims

As the spreading coronavirus forces businesses to restrict their brick-and-mortar operations, the steep losses in revenue have left them looking for a lifeline. Business owners are turning to their insurance policies for emergency financial relief, only to find out that their “business interruption” coverage may not cover the unprecedented disruptions caused by COVID-19.

In Business Interrupted: COVID-19 Insurance Coverage Issues, you will review common clauses and concepts in business continuation policies. Then you’ll examine the ways insurers appear to be interpreting the policy language as it relates to the coronavirus pandemic. Is coronavirus a viral or bacterial pollutant? A contaminant? How does a government order to close impact coverage?

Identifying applicable coverages

Whether you’re representing a restaurant chain or a mom and pop shop, litigators Russell J. Karnes and Christopher L. Strohbehn will explain what to look for in policy language and how it may be applied to your clients’ circumstances.

You’ll discuss:

• How differing coronavirus-related events may trigger coverage
• How total cessation of operations may be treated in lieu of modified operations
• Whether receipt of assistance from the CARES Act or Paycheck Protection Program could impact a business interruption claim

Clause for concern?

Even if you find the coverage and file a claim, your client could still be denied payout.¹ Understand your options for appeals, recognize the signs of a bad faith claim, and explore the growing number of cases moving through courts across the country. ²

Be prepared to guide your clients from filing a claim through litigation with assistance from Business Interrupted: COVID-19 Insurance Coverage Issues.

¹Business owners bleeding money during the coronavirus shutdown may expect insurance to cover their losses. But often they’re in for a shock.

²Litigation Builds Against Insurers Over Coronavirus Business Interruption

Falling profits, rising claims

As the spreading coronavirus forces businesses to restrict their brick-and-mortar operations, the steep losses in revenue have left them looking for a lifeline. Business owners are turning to their insurance policies for emergency financial relief, only to find out that their “business interruption” coverage may not cover the unprecedented disruptions caused by COVID-19.

In Business Interrupted: COVID-19 Insurance Coverage Issues, you will review common clauses and concepts in business continuation policies. Then you’ll examine the ways insurers appear to be interpreting the policy language as it relates to the coronavirus pandemic. Is coronavirus a viral or bacterial pollutant? A contaminant? How does a government order to close impact coverage?