COVID-19: Ultimate business interrupter
An article by David Rogers, entitled “COVID-19: Ultimate business interrupter”, was published in The Lawyer’s Daily this week.
David says “it is unlikely that COVID-19-related losses would be covered under the business interruption provisions of most all-risks property policies, which require actual property damage”.
However, David also notes that policy wording can be unique, and it is imperative for both policyholders and insurers to carefully review the actual language of the policy at issue.