Insurance Industry Expert Stresses The Need For A Government-Backed Pandemic Relief
July 28, 2020

Recently, the Houston Business Journal reported on the litigation trend against insurers attempting to get business interruption (BI) policies to cover losses from the coronavirus pandemic. The piece features insights from Insurance Information Institute CEO and President Sean Kevelighan explaining why the attorneys-driven trend is a misguided effort to alter existing contracts and why the solution lies in a government-backed pandemic relief.
According to Kevelighan:

As a reminder, standard BI insurance policies necessitate a direct physical damage to property. The insurance industry remains committed to keeping its promises to Main Street and supporting its communities during these challenging times.
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