News & Analysis as of

Loss of Income Policy Terms

Zelle  LLP

The Key Bridge Tragedy: What Loss Of Income Coverages Will Apply?

Zelle LLP on

At 1:29 am on March 26, 2024, a cargo ship collided (or, more accurately, allided) with the Francis Scott Key Bridge near Baltimore, Maryland. The bridge fell into the Patapsco River in a matter of seconds, immediately...more

Rumberger | Kirk

Eleventh Circuit Ruling Interpreting “Direct Physical Loss” is a Win for Insurers and Could Impact Coronavirus Business...

Rumberger | Kirk on

As coronavirus business interruption claims continue to be filed and make their way through courts across the country, an August 18, 2020 opinion from the Eleventh Circuit Court of Appeals could influence how Florida’s...more

Cozen O'Connor

Correlation or Causation for Coronavirus-Related Business Income Losses

Cozen O'Connor on

In the wake of the Coronavirus (COVID-19) pandemic, countless businesses have reduced or closed operations—some permanently. Flights have been canceled, hotels and restaurants have closed, and employees have been told to stay...more

Robins Kaplan LLP

When an Insured is Denied Access to Their Business: Is it Covered?

Robins Kaplan LLP on

Imagine your city is hit with a major wildfire, and the only road with access to your business is closed off due to the fire. Your employees cannot reach the store. Your customers cannot come and buy products....more

Carlton Fields

I-85 Bridge Collapse: Business Interruption Coverage Issues

Carlton Fields on

In the wake of the March 30 collapse of the I-85 bridge in Atlanta, Georgia Governor Nathan Deal declared a state of emergency calling for closure of both the northbound and southbound lanes of I-85 in Fulton County. A copy...more

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