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.
On Wednesday (June 3), the U.S. Senate cleared changes to the Paycheck Protection Program that provides more flexibility to small businesses using the relief loans. The changes to the PPP include extending the eight-week period in which funds must be spent for forgiveness to 24 weeks, as well as extending the repayment period money owned from two years to up to five years.
But are small businesses benefiting from the program?
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