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Insureds Business Interruption

Steptoe & Johnson PLLC

First Look: Spring 2021 Newsletter

Steptoe & Johnson PLLC on

In the wake of government shutdowns necessitated by the COVID-19 pandemic, insureds filed business-interruption and other claims with their commercial-liability insurers. As insurers denied those claims, insureds filed suit,...more

White and Williams LLP

New Jersey Law Requires Insurers to State Whether Business Interruption Policies Cover Global Virus Transmission, Pandemic...

White and Williams LLP on

On May 12, 2021, New Jersey Governor Phil Murphy signed into law a bill requiring insurers to go on record as to whether their policies, which provide coverage for the loss of use and occupancy and business interruption,...more

Perkins Coie

COVID-19 Business Interruption Litigation: Lessons Learned So Far

Perkins Coie on

Since the start of the pandemic, hundreds of businesses of all sizes have been forced to file lawsuits against their property insurers for failing to honor their contractual obligations to provide business interruption, extra...more

Hinshaw & Culbertson - Insights for Insurers

NYDFS Instructs Insurers to Provide Explanations of Coverage for COVID-19 Losses

In light of anticipated losses arising from the outbreak of COVID-19, the coronavirus, New York State's Department of Financial Services (NYDFS) has instructed property/casualty insurers to prepare explanations for their...more

Zelle  LLP

Insurance Chain Reaction from the Tianjin Port Explosion

Zelle LLP on

The recent Tianjin port explosion, like the 2011 Japanese earthquake and Thai floods, will lead to massive supply chain disruption. The impacted area included a high concentration of multinational and technology companies....more

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