Coverage for Work Stoppages, Disasters.

PositionBUSINESS INTERRUPTUS - Insurance to cover mandatory work stoppages resulting from coronavirus emergency

Lawmakers in at least eight states and Puerto Rico have introduced measures to require business interruption insurance to cover mandatory work stoppages resulting from the coronavirus emergency.

Depending on the property insurance policy, business interruption coverage may protect companies from loss of income after a disaster, whether the loss results from a mandated closing or having to physically rebuild. But insurers point...

To continue reading

Request your trial

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT