Insurance Coverage For COVID-19 Claims Under D&O Policies (JD Supra)

Insurance Coverage For COVID-19 Claims Under D&O Policies

Friday, May 21st, 2021 Liability Litigation

To date, much of the insurance industry’s focus on the Coronavirus (COVID-19) pandemic has been on business interruption coverage under commercial property insurance policies.

There have been numerous lawsuits filed alleging that COVID-19 and/or other attendant circumstances trigger the insuring agreements of these policies.

That question, whether COVID-19 constitutes a ‘direct physical loss of or damage to property,’ as property policies generally require, will likely be the single most litigated issue in connection with COVID-19 claims in the foreseeable future.

This makes sense given the immediate and far-reaching economic implications faced by the industry.

In the long-term, however, carriers should expect a myriad of claims under personal, commercial, and professional lines.


External References & Further Reading
https://www.jdsupra.com/legalnews/insurance-coverage-for-covid-19-claims-2989901/
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