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Another Insurer Dodges Claims for Covid-19 Lost Business Income

Continental Casualty Company won dismissal of a proposed class action brought by Hillcrest Optical Inc. over denied insurance claims, after the U.S. District Court for the Southern District of Alabama concluded the disputed policy provisions don’t provide coverage for business income losses resulting solely from state-ordered Covid-19 closures.

Accounting Firm Must Defend New Suit Over Stock Plan Advice

Tennessee insurer Zander Group Holdings Inc. can go to trial in its lawsuit seeking to force accounting firm Katz, Sapper, & Miller to cover Zander’s $3.8 million settlement with the Labor Department in a dispute over Zander’s employee stock ownership plan, a federal judge ruled.

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Can Businesses Win Fight Over Covid-19 Insurance Claims?

A growing number of businesses are suing their insurers over denied business interruption insurance claims due to the Covid-19 pandemic. But will they be successful?

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