News & Analysis as of

Event Cancellation Insurance Industry Coronavirus/COVID-19

J.S. Held

Event Cancellation Insurance: Calculating Ascertained Net Loss in Practice

J.S. Held on

“An event cancelled is better than a life cancelled,” according to World Health Organization Director-General Tedros Adhanom Ghebreyesus when speaking in December 2021 in response to the spread of the COVID-19 Omicron...more

Locke Lord LLP

Rep. Carolyn Maloney Reintroduces the Pandemic Risk Insurance Act

Locke Lord LLP on

On November 2, 2021, New York Congresswoman Carolyn Maloney reintroduced the Pandemic Risk Insurance Act (“PRIA”) in the U.S. House of Representatives. PRIA would create the Pandemic Risk Reinsurance Program (the “Program”),...more

Alston & Bird

Class Action & MDL Roundup – Winter 2021

Alston & Bird on

Welcome back to the Class Action & MDL Roundup! Our winter edition covers notable class actions from the fourth quarter of 2020. In this edition, we find a common theme among COVID-19 class actions, the Tampa 2 defends...more

Pillsbury - Policyholder Pulse blog

Insurance Implications of “Returning to Normal”

If 2020 was the year of the pandemic, 2021 appears to be shaping up to be the year of “returning to normal.” So far, most coverage disputes related to COVID-19 have been reactions to direct losses caused by the virus and...more

Moore & Van Allen PLLC

Is There a Fix for COVID Business Interruption and Event Cancellations Losses on the Horizon?

Moore & Van Allen PLLC on

The losses sustained by American businesses in the wake of the COVID-19 pandemic will be measured at a level that may never be seen again in our lifetime. On July 30th, the U.S. Bureau of Economic Analysis issued an advance...more

Blank Rome LLP

COVID-19 Litigation Report – July 2020 #1

Blank Rome LLP on

Using timely research, Blank Rome’s COVID-19 litigation team provides a weekly report highlighting the latest cases and updates in key litigation areas, such as workplace claims, class actions, breach of contract claims, and...more

JAMS

[PODCAST] Resolving Business Interruption Disputes Caused by the Coronavirus (COVID-19)

JAMS on

Business interruption is on the minds of many, especially now as the COVID-19 pandemic has created unprecedented legal and business challenges. In this new podcast from JAMS, two well-respected neutrals with extensive...more

Chartwell Law

COVID-19 – More Coverage Questions Than Answers?

Chartwell Law on

The World Health Organization’s (“WHO”) formal declaration that the spread of the novel coronavirus COVID-19 is now a pandemic, with 1,844,863 confirmed cases, 117,021 confirmed deaths, and 213 affected Countries as of April...more

Bradley Arant Boult Cummings LLP

Beware of Insurers’ Attempts to Use Fear of COVID-19 to Deny Coverage

As COVID-19 leads to event cancellations worldwide, the insurance market is scrambling to minimize its financial exposure to event cancellation claims. Although we have seen event policies with COVID-19 exclusions and others...more

ArentFox Schiff

Event Cancellation Insurance In The Age Of COVID-19

ArentFox Schiff on

As noted in our previous Legal Alerts concerning insurance coverage for coronavirus related issues, as businesses are forced to close, travel is restricted, and supply chains are disrupted, COVID-19 insurance claims will...more

Miles & Stockbridge P.C.

Insurance Coverage for COVID-19 Losses: Take a Proactive Approach to Maximize Coverage

As the events surrounding the COVID-19 pandemic unfold, the insurance industry is bracing itself for the multitude of claims it will inevitably face. To maximize potential coverage, policyholders can and should act now to...more

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