By: Daniel J Healy, Stephen D. Palley and Rhonda D. Orin, Anderson Kill
As the Coronavirus losses mount, a burning question for many businesses concerns the insurance coverage available to ease these losses. Insurance companies can be expected to push back, disclaim coverage and point to exclusions. But coverage exists for various forms of loss from this pandemic. A review of typical insurance policies held by businesses shows that coverage in multiple lines should be investigated. And as the government and public response continues to unfold, coverage terms should be revisited. Read more.