As the COVID-19 pandemic leads to business closures worldwide, impacted businesses are assessing their insurance policies for potential coverage for business interruption and other losses.
Business interruption coverage, a standard component of most commercial property policies, potentially responds to these losses. The novel questions raised by COVID-19 and the insurance industry’s stance against coverage raise difficult policy interpretation questions. Insureds and their advisors should understand these policies to evaluate potential coverage and curb further losses.
Join two of Bradley’s insurance coverage attorneys, Katherine Henry, leader of Bradley’s Policyholder Insurance Coverage Team, and Ben Milam, member of the Policyholder Coverage and Financial Services Teams, as they delve into the complex issues involving business interruption coverage. They will also discuss practical strategies for protecting insurance coverage in the midst of the COVID-19 health crisis.
Key issues that will be covered in this course are:
- Business Interruption Coverage for COVID-19
- Case Law Before COVID-19
- Legal Developments Since COVID-19
- Opportunities and Challenges
- Best Practices for Submitting and Managing Business Interruption Claims