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Claims Journal Reports That Several Insurance Commissioners Are Wary of Business Interruption COVID-19 Claims

April 30, 2020

Jim Sams of the Claims Journal reported on a series communications by insurance commissioners in Georgia, Kansas, Louisiana, Maryland, Mississippi, North Carolina, West Virginia and the District of Columbia. He explained how all of them expressed various degrees of doubt as to whether business interruption coverage is owed for losses caused by coronavirus shutdowns. The article was later republished by sister publication Carrier Management Journal.

Sams cited as his source a Hinshaw advisory titled "State Insurance Commissioners Weigh In On Business Interruption Coverage for COVID-19 Losses."

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"Several Insurance Commissioners Wary of Business Interruption COVID-19 Claims" was published by Carrier Management Journal, April 30, 2020, and Claims Journal, April 28, 2020.

Hinshaw & Culbertson LLP is a U.S. based law firm with offices in 11 states and London. The firm's national reputation spans the insurance industry, the professional services sector—including representation of law firms and lawyers—and other highly regulated industries, such as banking and finance and the debt collection sector. Hinshaw also provides a series of closely coordinated litigation, business advisory and transactional services to clients of all sizes as well as governmental and public sector entities.