Companies Hit by Covid-19 Want Insurance Payouts. Insurers Say No.

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One of the biggest legal fights in the history of insurance has begun. Businesses want to claim for losses during lockdown. Insurers say no.

A battle looms over ‘business interruption’ coverage, which insurers say doesn’t apply unless there is physical damage, like from a fire.

 

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Sad that many businesses will go bankrupt either way. There is no way the insurers can pay these claims. The businesses must get the claims.

That's how Covid-19 is impacting insurance practices and laws.

There was no real threat. They voluntarily chose to close their doors.

Not so sure

Guess those 80's regulations Big businesses lobbied to wipe out could be very useful right about now.

This replacement $ action will affect those $ expected by non-actions of state/local government contributions for the next run by inactive politicians, (on the non advertised as 'riots' presented by the marchers in the streets of America)

This is definitely going to the supreme court !!!

Airborne illnesses and organisms have been excluded off every policy for 30 years now.

Didn’t trump get a similar payout after the 9/11 ?

Insurers always say no when they are asked to pay claims.

Businesses always want millions then file for bankruptcy to get out of paying their own debts....time and time again. But here the people like myself tredge along paying ALL our debts year after year.

That's where being looted during the riots will pay off.

business always wants to be paid - good thing frump and company gave them that fat tax cut

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