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New Jersey Law Requires Insurers to State Whether Business Interruption Policies Cover Global Virus Transmission, Pandemic Coverage | White and Williams LLP - Vimarsana News

New Jersey Law Requires Insurers to State Whether Business Interruption Policies Cover Global Virus Transmission, Pandemic Coverage | White and Williams LLP

To embed, copy and paste the code into your website or blog: On May 12, 2021, New Jersey Governor Phil Murphy signed into law a bill requiring insurers to go on record as to whether their policies, which provide coverage for the loss of use and occupancy and business interruption, cover global virus transmission or pandemics. The law first requires an insurer to disclose to new and renewing insureds whether the policy provides such coverage. The Commissioner of Banking and Insurance prescribes the form and manner of providing this notice for this first provision. The law also requires any ins...

Post-lockdown plans: The top 30 things Britons are most excited to see again soon - Vimarsana News

Post-lockdown plans: The top 30 things Britons are most excited to see again soon

The top 30 things that Britons are desperate to see with their own eyes again have been revealed - and the No.1 sight is that of friends sitting around their kitchen table. In a survey, 43 per cent of respondents named it as the top sight they couldn’t wait to witness, post-pandemic. The rest of the top five comprises restaurant menus (second, 40 per cent), the British coast (third, 39 per cent), people without masks on (fourth, 36 per cent) and seeing their own freshly cut hair in a salon mirror (fifth, 33 per cent). The top 30 things that Britons are desperate to see with their own eyes a...

Courts Find Coverage For COVID-19 Business Interruption Losses - Insurance - Vimarsana News

Courts Find Coverage For COVID-19 Business Interruption Losses - Insurance

To print this article, all you need is to be registered or login on Mondaq.com. Policyholders are hailing two recent victories in their pursuit of insurance coverage for COVID-related business interruption losses. A North Carolina court granted a policyholder summary judgment that a commercial property insurance policy covers business interruption losses resulting from COVID-related government shutdown orders. Meanwhile, a Florida federal court determined a "virus exclusion" does not preclude a policyholder from pursuing insurance for COVID-related business interruptio...

Source: mondaq.com