As we have previously written, whether economic losses caused by COVID shutdowns can be recovered under commercial property insurance policies is a hotly-contested issue. (Past articles include, ‘Will Your Business...more
6/30/2022
/ All-Risks Insurance ,
Appeals ,
Business Closures ,
Business Interruption ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Economic Loss Doctrine ,
Infectious Diseases ,
Insurance Claims ,
Insurance Litigation ,
Policy Terms ,
Property Insurance ,
Restaurant Industry
This week, a Miami Beach beauty salon owner initiated a class action lawsuit against its insurer for failing to pay for losses and expenses caused by the suspension of its business due to the COVID-19 outbreak....more