Tuesday, 14 April 2020 by Insuralex
Managing Crisis: The COVID-19 Pandemic and an Insurer’s Duty of Good Faith “Statutory Claims Handling Guidelines Remain in Effect!” By: Rick Hammond, HeplerBroom, LLC* Background Numerous state governors have issued “shelter in place” orders that effectively close all “nonessential businesses,” i.e., those companies that are not in a critical infrastructure industry as defined by
The Coronavirus’ Impact on Business Interruption Coverage Is “Direct Physical Loss” Being Redefined?
Thursday, 12 March 2020 by Insuralex
Background Recent years have witnessed pandemic outbreaks of Ebola, H1N1, Avian flu and Legionnaires’ disease, and now the world is reeling from the impact of the COVID-19 (“Coronavirus disease”). Pandemics occur when new viruses emerge which are able to infect people easily and spread from person-to-person in an efficient and sustained way. Currently, the number