Rare Small-Business Win in Insurer Lawsuits Keeps Hope Alive for Payouts

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Owners of restaurants and other small businesses are making slow progress wrestling pandemic-related payments from their property insurers

Chef Matthew Kelly is one of the few restaurateurs who has fought property insurers over pandemic business restrictions and won.

His establishments are part of a group of restaurants that a North Carolina state court sided with this fall. The insurer has appealed the decision, which found the plaintiffs were entitled to payouts under business-interruption coverage. “I’m excited that we’ve made it this far, but that excitement and the win does not translate into relief until the job is completed,” Mr. Kelly said.

Cases such as Mr. Kelly’s are keeping hope alive that some small businesses may receive insurance money to help them rebound from government-ordered shutdowns.for refusing to pay out “business interruption” claims tied to the pandemic. Many insurers say their policies contain clear language excluding virus-related claims, while most claims also haven’t met their policies’ criteria.

 

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Oh damn, I didn't know restaurants had it bad at all

🙏👏

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