December 2, 2020

Policy battles

Premium-July-August-2020-Risky-business3

A restaurant and theater company were closed during the pandemic and thought they were covered in the face of such losses. The policy specifically mentioned ‘pandemic event’ and they were supposed to reimburse the insured’s loss of wages, cleaning and other mitigation-related costs and crisis management expenses. Turns out, the underwriter refused to honor the […]
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