Sub-sections:
The 10th Circuit U.S. Court of Appeals recently affirmed the ruling of the lower court and held that an insurer can recover an underlying settlement that it made on behalf of its insured as fraud damages, effectively avoiding a bad faith claim.
Subscriber questions if there would be coverage under a specific CGL policy for liability resulting from coronavirus (COVID-19).
FORM - Business Interruption: Limited Coverage for Certain Civil Authority Orders Relating to Coronavirus (Including Orders Restricting Some Modes of Public Transportation).
Discusses NJ bill that would require carriers to pay business interruption claims to small companies for closures due to the virus.
Discusses physical damage under the commercial property, causes of loss special form, and business income and extra expense coverage forms.
Immediate ISO information for insurers writing Businessessowners and/or Commercial Property insurance in the state of New York. Includes required information to be sent to the New York Department of Financial Services (DFS) in relation to business interruption coverages, including civil authority, and contingent business interruption.
FORM: Business Interruption Limited Coverage for Certain Civil Authority Orders Relating to Coronavirus.