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New Jersey Department of Banking and Insurance Issues Mandatory Business Interruption Insurance Policy Summary

On May 12, 2021, New Jersey adopted a law requiring insurers ‎issuing policies covering loss or damage to property, including the loss of use and occupancy ‎and business interruption, to provide their insureds with a one page...more

New Jersey Enacts New Law Requiring Business Interruption Insurers to Disclose Coverage Parameters

On May 12, 2021, New Jersey Governor Phil Murphy signed into law a bill requiring insurers issuing policies covering loss or damage to property, including the loss of use and occupancy and business interruption, to disclose...more

State Legislatures Seek to Protect Insureds from COVID-19 Business Interruption

Legislatures in New York, Oregon, Pennsylvania, Rhode Island and Washington have all proposed legislation seeking to curb COVID-19’s impact on businesses in their state. Each state’s proposed legislation essentially prohibits...more

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