Insurers' COVID-19 Notepad: What You Need To Know Now - Week Of December 12, 2022 - Insurance Claims
Ohio Embraces "Clear Trend" and Sides with Insurers in COVID-19 Business Interruption Case
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Ohio Embraces "Clear Trend" and Sides with Insurers in COVID-19 Business Interruption Case
Foodbuy, LLC, sued Gregory Packaging, INC, for $1 million, instead Gregory Packaging was awarded $21.2 million. Gregory Packaging is a 100-year-old juice manufacturer that has worked with Foodbuy – the largest food service company in the world – since 2011. Foodbuy is a group purchasing organization based in the UK, with their North American headquarters ...
This and University of Wisconsin-Milwaukee asking professors to volunteer in short-staffed dining halls are some of the stories you may have missed
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Shares1 Almost 1,500 lawsuits have been filed by policyholders against insurers, seeking to resolve disputes around insurance coverage for COVID-19-related business losses. For those unfamiliar with insurance litigation trends, it’s important to put the scale of this into perspective. The average hurricane will result in about 50 to 100 cases being filed in the first year; from April till August 2020 we saw the same quantity of cases being filed each week for COVID-19-related losses. So far, rulings have been made overwhelming in the favor of insurers, at a rate of approximately 75%. Howev...