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Restaurants will not get help from insurance for COVID shutdown losses

Sixteen N.C. restaurants forced to reduce their service or close during Gov. Roy Cooper’s COVID shutdowns in 2020 will not be able to use their insurance to cover their losses. This after the N.C. Appeals Court released a unanimous ruling on Tuesday in favor of the Cincinnati Insurance Company. In the appeal, the insurance company
United States April Wood Toby Hampson Chris Dillon Orlando Hudson Jr Roy Cooper

UNICO AMERICAN CORP - 10-Q - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS – InsuranceNewsNet

Total revenues for the three months ended September 30, 2021, were $8,595,648 compared to $8,259,686 for the three months ended September 30, 2020, an increase of $335,962. Total revenues for the nine months ended September 30, 2021, were $28,199,908 compared to $24,241,094 for the nine months ended September 30, 2020, an increase of $3,958,814.
State Of California United States San Francisco Insurance Company Operation Us Bank While The Company

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Insurers' COVID-19 Notepad: What You Need to Know Now (Week of April 12) | All Alerts & Newsletters

Apr.12.2021 Courts Dismiss COVID-19 Business Interruption Claims On April 9, 2021, the district court for the Central District of California granted Topa Insurance Company’s motion to dismiss a restaurant and nightclub’s COVID-19 related claim. According to the court, the policy “clearly condition[ed] recovery on physical loss or damage to the insured premises” (Order at 5), and the complaint alleged only that the coronavirus “prevented it from using its property for” its intended p...
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