Friday, May 14, 2021
It’s been a year since COVID-19 caused a torrent of insurance coverage litigation regarding business interruption and extra expense coverage for losses due to governmental orders, shut down requirements, and the spread of the coronavirus. With more than 335 decisions having been issued as of early May 2021, the numbers show significantly better odds for policyholders than the insurance industry and many media reports suggest.
‘So you’re saying that there’s a chance!’
There are more than 50 decisions in which courts have either granted summary judgment to policyholders or denied insurance companies’ motions to dismiss in the context of business interruption and extra expense insurance claims resulting from the pandemic.