No other insurance coverage has arguably spurred debate as much as business interruption has during the COVID-19 pandemic. In March, the first lawsuit was filed in Louisiana by a restaurant seeking a declaration of coverage for coronavirus-caused losses under a business interruption policy. Experts predict more such lawsuits are on the horizon as businesses battle with insurers for coverage.
Related: P&C Legislative Round-Up: April 2020
In recent weeks, states have taken matters into their own hands by introducing legislation that would compel insurers to cover business interruption losses incurred during government-mandated shutdowns.
This infographic highlights the states that have introduced business interruption coverage bills (as of June 1) in light of the novel coronavirus.
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