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May 12, 2020

Executive Orders Likely Won’t Lead to Civil Authority Coverage. Why? No physical damage.

The COVID-19 pandemic has raised a number of concerns and uncertainties for the insurance industry, and particularly business interruption insurance. We’re seeing unprecedented attempts to extend coverage and create new meaning for commonly-understood coverage language and provisions. From state lawmakers proposing legislation that would require insurers to cover business interruption, even if those losses were…

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