During the height of the initial pandemic last year, there was serious talk about what role the insurance industry could and should play in providing protection in future pandemics, especially for business interruption. Part of …
It seems the price of most everything is going up in this ongoing Coronavirus pandemic. Now it’s taking a toll on personal automobile insurance rates, with at least one major carrier reporting its raising …
FEMA has implemented new cost sharing adjustments with governments who’ve made COVID-19 declarations, paying Public Assistance projects at a 100% federal cost share. There’s also another dismissal of a business interruption (BI) insurance coverage lawsuit …
Recent federal court rulings in Florida this month continue to favor insurance companies in actions against them for business interruption (BI) insurance claims stemming from the coronavirus pandemic. Meanwhile, life insurance companies are putting …
More than one-third of Americans eliminated one insurance policy in 2020, but those out of work because of COVID-19 were much more likely to shed coverage. The news comes as workers’ compensation insurance cases related to the pandemic …
One of the prominent business interruption coverage lawsuits from the pandemic that we’ve been watching here in Florida has ended in dismissal – again for “lack of physical damage,” as required in the insurance policy. …
The winners of the November 3 election, save for a couple handfuls who tested positive for the coronavirus and were excused, were sworn into office during the Florida Legislature’s organizational session on November 17. The virus, of …
As the number of coronavirus cases has grown in Florida, so too has the number of workers’ compensation insurance claims from those who say they’ve been infected. A new report shows that nearly 12,000 COVID-19 …
As a federal judicial panel now weighs whether to consolidate the thousands of lawsuits over denied business interruption insurance claims, insurance companies – including a prominent Florida one – are still balancing sound financial practices …
We’ve been following developments over the past several months concerning Business Interruption (BI) insurance claims from the coronavirus, along with fledgling efforts by state and federal governments to enact various legislation to either mandate such coverage …
