Jim Davis and Brad Dlatt along with special guest expert Ruth Kochenderfer of Marsh USA talk about the Covid-19 crisis, staying at home, the types of insurance impacted by the crisis, early lawsuits, tips for policyholders to preserve claims, the current trends in the insurance marketplace including renewals that just happened, and legislation in the

Recognizing the high volume of COVID-19 content being published, we developed a one-stop, integrated resource page that addresses key legal and business considerations for companies across essential business areas, from insurance coverage and labor and employment, to privacy and security, corporate governance, tax, construction, supply chain, and more. We offer practical guidance, in checklist format,

In the wake of President Trump’s March 13, 2020, declaration that the COVID-19 outbreak is a national emergency, the federal Department of Health and Human Services invoked its authority under section 1135 of the Social Security Act to waive certain requirements that providers normally must meet to receive reimbursement for services to Medicare, Medicaid, and

Authored by Lester Brown

Insurance coverage for coronavirus (COVID-19)-based business losses is a hot issue right now. Many commercial liability policies provide Business Interruption coverage when said interruption is “caused by certain perils.” Often, however, policies exclude coverage for “virus” contamination-based claims. Other policies restrict coverage for virus-based claims unless they are caused by other “Specified Causes of Loss.” There is a continuing issue being addressed by policyholder attorneys and the Perkins Coie Insurance group as to whether contamination of property by COVID-19 constitutes direct “physical loss or damage” and whether orders to close facilities because of the outbreak are covered.
Continue Reading Potential Insurance Coverage for Coronavirus Based Business Interruption Claims

Authored by Eric Aaserud 

The U.S. Small Business Administration (SBA) is making available Economic Injury Disaster Relief Loans (EIDLs) of up to $2 million to qualifying small businesses experiencing substantial economic injury because of the Coronavirus (COVID-19). The loans are available to small businesses that, per the SBA’s determination, “are unable to obtain credit elsewhere.”

What you need to know now about your current coverage and how to protect your insurance coverage for future claims.

Join us Wednesday, March 25, 2020, as we address how recent actions may affect the possibility of insurance coverage for business income losses under property policies. Coronavirus loss estimates now exceed $4 trillion and continue

Underwriters of representation and warranty insurance policies are introducing broad exclusions from coverage for losses arising out of or relating to COVID-19.

Although avoiding these exclusions altogether is unlikely, the exclusion should be limited to avoid unintended loss of coverage under the policy.

In this update, we provide guidance on negotiating the scope of COVID-19

Authored by Jim Davis & Brad Dlatt

The coronavirus pandemic is causing unprecedented business closures and revenue losses with governments working hard to respond. As a result of the actual presence of coronavirus cases in all 50 states, civil authorities are prohibiting large gatherings, ordering restaurants and bars closed, requiring a reduction in business operations, or mandating complete area or state-wide lockdowns with residents sheltering in place. Businesses are struggling to understand the scope of available insurance coverage for these losses. Some policyholders are facing denials or disputes from insurers based on purported contamination or virus exclusions in their policies. Others are finding that their policies contain low sub-limits that are inadequate to meet their losses even though the full limits of their policies would provide substantial relief. Given this dire situation, legislative efforts are underway that might provide relief to policyholders.
Continue Reading Coronavirus (COVID-19) Insurance for Companies Facing Business Interruption Claims: Is Legislative Help Coming?

As the coronavirus (COVID-19) continues to spread, we are facing stressful and rapidly changing times trying to combat the pandemic. Our advice to clients is evolving with these changes and generally hinges on issue-specific language.

In this update, we prepared a list of real estate issues that employers, developers, landlords, tenants, and lenders may need