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
Category: Insurance
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
COVID-19: The Real Operation of New Jersey’s Proposed Insurance Legislation
The New Jersey legislature recently introduced a bill designed to compel insurance companies to pay some business interruption claims arising out of the coronavirus
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
New Jersey Legislature Considering Bill To Force Insurers To Pay COVID-19 Business Interruption Claims Expressly Excluded By ISO’s “Virus” Exclusion
While the current pandemic is new, the potential that policyholders would look to their business interruption insurance to cover COVID-19-related losses is not.