Class action launched against insurers that won't pay businesses for coronavirus-related losses - News Summed Up

Class action launched against insurers that won't pay businesses for coronavirus-related losses


As of Friday, the class action has few plaintiffs, but Merchant says he hopes affected businesses with come forward and join the lawsuit. He says he cannot yet provide numbers of how many businesses are involved in the class action. "The insurance companies are trying to wiggle out of paying based on that this is not anticipated. But "if [insurance companies] won't pay for business interruption and this kind of circumstance, it's hard to imagine when they would pay." Business interruptionAccording to the class action statement of claim, business interruptions have been caused either directly or indirectly by the COVID-19 pandemic.


Source: CBC News April 03, 2020 23:48 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */