COURTS AROUND THE COUNTRY WILL SOON, FOR THE FIRST TIME, BE DECIDING WHETHER LOSSES RESULTING FROM COVID-19 SHUTDOWNS ARE COVERED BY INSURANCE POLICIES’ “BUSINESS INTERRUPTION” PROVISIONS
Whether your business losses are covered will depend on these rulings and the specific language of your policy. For example, many policies have “virus exclusions” that insurance companies are arguing preclude business losses resulting from pandemic shut downs. An attorney experienced in interpreting insurance policies will be able to determine whether the exclusions in your policies are likely to preclude coverage, or not.
Johnson & Groninger has teamed up with two other leading North Carolina law firms, Edwards Kirby, LLP and Brown, Faucher, Peraldo & Benson, PLLC, to get out on the leading edge of these cases.
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