Posts

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South Dakota, My insurer says my business interruption policy doesn’t cover pandemics. Now what?

The insurance industry as a whole has made it clear to business owners throughout the U.S. that it doesn’t intend on covering business interruption claims stemming from COVID-19 losses. Insurance companies are saying that “business interruption…
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Bakery in Las Cruces, New Mexico Sues Insurer for its Failure to Pay Coronavirus-Related Claims

As a loyal policyholder who has paid for their business interruption insurance coverage month after month and year after year, you would expect your insurer to treat you fairly by paying any claims you submit for covered losses. Unfortunately,…
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3 New Jersey Restaurants Sue Their Insurer After Their COVID-19 Business Interruption Claims Were Denied

Three restaurants in New Jersey recently filed class-action lawsuits against their nsurers for failing to cover their business interruption claims related to the COVID-19 pandemic, reports Insurance Business. The first lawsuit was filed on behalf…
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Owner of The Community Oven in New Hampshire Speaks Out After His Business Interruption Claim Was Denied

After Shane Pine, owner of The Community Oven restaurant located in Hampton, NH, calculated one weeks’ worth of losses due to the COVID-19 pandemic, he decided he needed relief, and he needed it fast. Pine told Fosters.com that during just…
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Will my business interruption insurance pay for the losses my Missouri business suffered as a result of COVID-19?

 Business interruption insurance is a type of coverage that can be added on to the standard policy business owners purchase to protect their businesses. This type of coverage, when purchased, is expected to protect a business from lost revenue…
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Several Maine Insurers are Being Sued Over Denied Business Interruption Claims

The Hartford is one of many insurance companies that is facing lawsuits filed by business owners for its lack of covering claims related to COVID-19 losses.   As difficult as it was for business owners in Maine to have to close their…