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Policyholders Should Anticipate and Prepare to Defeat Insurer COVID-19 Coverage Denials
Business interruption and other losses due to the continued global spread of COVID-19 are projected to total in the billions of dollars. In an effort to discourage commercial policyholders from pursuing their COVID-19-related business interruption claims, the insurance industry has issued sweeping pronouncements of alleged “no coverage” for such losses. Commercial policyholders should treat such insurance industry posturing with skepticism and remain mindful of the fact that there are potentially available avenues for the recovery of COVID-19 business interruption losses under many commercial property insurance policies.