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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.

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In some states, an untimely proof of loss submission will not result in forfeiture of coverage, unless the insurer suffered actual prejudice from the insured’s delay. However, some states do not require a showing of prejudice when an insurer relies on the late submission of a proof of loss to deny coverage. (Credit: nito/Shutterstock) In some states, an untimely proof of loss submission will not result in forfeiture of coverage, unless the insurer suffered actual prejudice from the insured’s delay. However, some states do not require a showing of prejudice when an insurer relies on the late submission of a proof of loss to deny coverage. (Credit: nito/Shutterstock)

As businesses begin to reopen, companies face the difficult task of getting their operations back to normal. For some, this includes navigating the claims process for their business interruption insurance claim relating to COVID-19.

Having a basic understanding of specific post-loss obligations set forth in most commercial property insurance policies can expedite the claims process. One example is the proof of loss requirement, which can arise early in the claims process. Businesses may have a variety of questions about the proof of loss necessary to recover under an insurance policy.

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