By: Anthony L. Miscioscia and Timothy A. Carroll Yesterday, on March 24, 2020, following in New Jersey’s footsteps, the Ohio legislature introduced a bill, H.B. No. 589, “[t]o require insurers
Author: thecicr
“Direct Physical Loss or Damage”: The Gatekeeper to Property Insurance Coverage and COVID-19
By: Edward M. Koch and Elizabeth C. Dolce Commentary on insurance coverage for businesses in the wake of coronavirus (COVID-19) has largely, and unsurprisingly, focused on business interruption losses, civil
No (Social) Distance for Reinsurers? If Lawmakers Force Insurers to Pay COVID-19 Claims, Will Reinsurers Follow?
By: Daryn E. Rush, Justin K. Fortescue and Ciaran B. Way As legislators in New Jersey debate a new law that would force insurers to pay COVID-19-related claims that are
New Jersey’s Proposed COVID-2019 Business Interruption Insurance Legislation Fails to Socially Distance Itself From Constitutional Prohibitions
By: Edward M. Koch and Felix S. Yelin Without question, the Coronavirus disease 2019 (COVID-19) has caused a world-wide pandemic and paralyzed the United States economy in the first quarter
First Coronavirus Coverage Suit Filed For Business Interruption
By: Edward M. Koch, Randy J. Maniloff and Marc Penchansky It wasn’t a question of if, but when. And the wait wasn’t long. Yesterday’s suit was filed in a Louisiana state
NYDFS Mandate to Insurers Re COVID-19: Explain Your Business Interruption Coverage Now
By: Joshua A. Mooney Last week, in wake of anticipated losses from COVID-19 (coronavirus), the New York State Department of Financial Services (NYDFS) issued instructions mandating all property/casualty insurers “to