At this time last year, Americans were only beginning to grasp the magnitude of COVID-19, not only physically – but economically. No one at the time could imagine the extent to which the COVID-pandemic would uproot society, affecting big corporations but ravaging the small brick and mortars at the backbone of our communities. Last year, as governments began ordering restaurants and retailers to close their doors to reduce the spread of the virus, business owners sought coverage from their insurance carriers. After the claims were summarily denied, business owners filed lawsuits demanding coverage consistent with the terms of their policies.
As we enter the second year of the coronavirus pandemic, here is what you need to know about business interruption lawsuits and how Meyers & Flowers is helping small, local businesses navigate this uncharted legal territory as we fight back against major insurance corporations.