A prominent Los Angeles nonprofit that advocates for human rights and fights anti-Semitism sued Chubb Ltd on Wednesday to ensure it will obtain insurance coverage after being forced to close because of the COVID-19 pandemic. The Simon Wiesenthal Center said Los Angeles Mayor Eric Garcetti’s March 19 stay-at-home order effectively cut off its ability to… Continue reading Simon Wiesenthal Center Sues Chubb for COVID-19 BI Insurance
Tag: coronavirus exclusion
Insurance Commissioner Orders Insurance Data on BI Coverage to Assist California Small Businesses
On Thursday, Insurance Commissioner Ricardo Lara directed insurance companies to submit data to the California Department of Insurance regarding coverage of commercial business interruption related to COVID-19. The data will help state policymakers to understand the scope of insured and uninsured losses to businesses in order to help them recover and keep workers employed. “The… Continue reading Insurance Commissioner Orders Insurance Data on BI Coverage to Assist California Small Businesses
The Challenge of Getting Travel Insurance Protection for Coronavirus Cancellations
If you buy standard travel insurance, you’re still covered for unforeseen events that are not linked to the novel coronavirus known as COVID19. Standard travel insurance covers one or more of the following: travel delays, missed connections, trip cancellation or interruption, medical emergencies, and medical evacuation, depending on what you buy. But with coronavirus as… Continue reading The Challenge of Getting Travel Insurance Protection for Coronavirus Cancellations
Insurers Rush to Exclude Coronavirus from Event-Cancellation Cover
Businesses looking to buy cancellation insurance for events around the world will not be able to get cover for the new coronavirus outbreak, industry sources said, as insurers rush to exclude the epidemic from their policies. The Shanghai Grand Prix and the Mobile World Congress in Barcelona are among sporting events and major conferences cancelled… Continue reading Insurers Rush to Exclude Coronavirus from Event-Cancellation Cover