Update: Business Interruption Claims Due to COVID-19

16 Sep Update: Business Interruption Claims Due to COVID-19

Over the past several months, business owners, lawyers and accountants across the country have been questioning if insurance companies would pay on business interruption insurance claims on damages related to COVID-19. The insurance companies are stating that the lack of “direct physical loss or damage” to insured property forms the basis for their denial of these claims. This has led to a surge in…