Star Cinema Grill owner suing insurance company after told 'pandemic insurance' doesn't cover COVID-19 crisis
A local dine-in theater company thought it was prepared for a crisis like COVID-19. When public health officials forced the closure of its nine Houston-area locations in March, the owners thought they were covered. “For medium-sized businesses that ...
Tropical Storm Laura: What does this mean for insurance coverage?
As Tropical Storm Laura makes its way through the Caribbean and into the state of Florida, you might be gearing up your hurricane supplies and evacuation plans for your family. Have you thought about if you have the right insurance coverage in the ...
Coronavirus Insurance Ramifications
Business Interruption In most policies, business interruption coverage will only pay out if there has been a direct physical loss under the property section of the policy. In the case of Coronavirus here are some things to think through: Some US ...
PAYCHECK PROTECTION PROGRAM (PPP)
The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone. The loan amounts will be forgiven as long ...
$1 billion in premium relief for Progressive customers ( COVID-19 )
Progressive returns $1 billion in premium to customers Today we announced that we’re providing credits of approximately $1 billion in premium to Progressive personal auto customers as a result of fewer claims that come with less frequent driving. ...