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Judge rules businesses can sue insurers for coronavirus losses
The coronavirus has upended lives and businesses around the globe. From business interruption and supply chain disruption to event and travel cancellations, we are only just seeing the beginning stages of COVID-19's impact. These articles provide valuable insights on insurance coverage, preparation tips and more to help individuals and businesses reduce exposures as the virus spreads.
Four law firms have filed class actions against six different insurers, including underwriters for Lloyd’s of London, alleging they denied business interruption claims filed by thousands of small businesses across the country.
In six separate lawsuits filed in federal courts across the country, Chicago’s DiCello Levitt Gutzler and The Lanier Law Firm in Houston, along with two other law firms, alleged the insurers rejected special property coverage insurance claims made by small businesses impacted by mandated closures over COVID-19.
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