Tag: COVID-19 business interruption claims

Museums, Cultural Institutions in Fight Over COVID BI Claim Denials

A young girl looking at an exhibit in a glass display case in a museum, Lyme Regis, Dorset, UK

When the museum and cultural world realized the extent of the impact on their revenue from the coronavirus pandemic, arts administrators began reaching out to their insurance agents to file business interruption claims. The Dance Theater of Harlem, for example, quickly filed a claim, arguing that New York’s shutdown of “nonessential” businesses had halted the… Continue reading Museums, Cultural Institutions in Fight Over COVID BI Claim Denials

Travelers Fights COVID-19 BI Claim

Louisiana Insurance Claims

Travelers Cos. Inc. fired back against a policyholder seeking business interruption coverage for coronavirus-related losses, filing suit against a Los Angeles lawyer who sued the insurer earlier this month. The insurer argues that virus-related losses are excluded from business interruption policies issued to the firm and that even without the exclusion coverage would still be… Continue reading Travelers Fights COVID-19 BI Claim