S1E4. Business Interruption Insurance and COVID-19 Losses

COVID-19 restrictions imposed throughout the United States have resulted in business interruption losses in nearly every industry. Many insurance companies have denied coverage for COVID-19 business interruption losses, and policy holders have filed lawsuits seeking coverage. Courts are beginning to weigh in on whether business interruption insurance coverage will cover financial losses due to COVID-19. Rebecca Woods, Litigation partner, joins this episode for a discussion on: * How business interruption and contingent business interruption insurance work * Lawsuits and emerging trends * Physical loss vs. physical damage claims * Best practices and how policy-holders can position claims for success