The COVID-19-related business interruption coverage case of Taps & Bourbon on Terrace, LLC v. Underwriters at Lloyds London, et al., pending in the Philadelphia County Court of Common Pleas, may represent a growing trend all...more
There have been many decisions in recent months in cases involving business interruption coverage for losses caused by the SARS-CoV-2 virus and the disease it causes, COVID-19. Some decisions have been favorable to coverage,...more
On June 5, 2020, we issued a Client Alert regarding insurance coverage for property damage and business income losses that businesses may have suffered due to recent incidents in cities across the country. On June 8, 2020,...more
The standard property insurance policy pays for property damage and business income losses sustained by an insured when there is some variation of "physical loss of or damage to" property. ...more
As business losses caused by COVID-19 begin to mount, you should carefully review your insurance policies to determine whether you may be covered. Neal Gerber Eisenberg’s Insurance Policyholder practice group can assist you...more
3/18/2020
/ Bodily Injury ,
Business Interruption ,
China ,
Contaminated Properties ,
Coronavirus/COVID-19 ,
Crisis Management ,
Economic Loss Doctrine ,
Event Cancellation ,
Infectious Diseases ,
Insurance Claims ,
Policy Terms ,
Public Health ,
Risk Mitigation ,
Suppliers ,
Supply Chain
You are on the accounts payable staff of a private company. It is 4:30 Friday afternoon, and you receive an urgent email from the CEO (Mrs. Banks). In this urgent email, Mrs. Banks directs you, in no uncertain terms, to...more