| re: Jujamcyn sues over paltry Covid payout. No surprise |
| Posted by: Duke1979 04:55 pm EDT 08/26/20 |
| In reply to: Jujamcyn sues over paltry Covid payout - StageLover 02:24 pm EDT 08/26/20 |
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| These are the same issues being litigated by restaurants. These policies are intended to cover business losses when there is physical property damage such as a fire or flood. They only provide business interruption losses that are related to such an event. Closing on account of Covid is not physical injury. There ought to be relief for the entertainment and hospitality industry but trying to wedge it into an insurance policy that was never intended to cover these losses is not the way to address the problem. |
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