"Battle over business interruption coverage already underway" by Fredrick S. Levin, Michael A. Rome, Ali M. Abugheida, and Eric Chiang (Law360)
Law360Fredrick S. Levin, Michael A. Rome, Ali M. Abugheida, Eric Chiang
Businesses across the country are reviewing their insurance policies to assess whether they have valid claims against losses suffered as a result of the COVID-19 pandemic and related government shutdown directives. Two types of insurance coverage are particularly relevant: business interruption coverage and civil authority coverage.
These are the types of coverage most likely to be part of a business's existing insurance policies, and disputes have already arisen as businesses seek to recover losses related to COVID-19 from their insurance companies. These early cases preview some of the arguments likely to be raised as thousands of businesses begin filing claims.
Originally published in Law360; reprinted with permission.