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We are in the process of reviewing insurance policies, issuing demands and filing suits on a wide variety of insurance matters. When asked, we are recommending that policy holders do not review their insurance documents alone and take a dim or view of the coverage possibilities in light of the as-written terms or exclusions. Because, due to the nature and scope of this widespread health emergency, there are more potential opportunities to successfully prevail on behalf of our interrupted client businesses, for fair and just proceed amounts, regardless of the seemingly conservative language set forth in any particular policy.
There are bills and orders being crafted by government and agencies which, in some instances, may override virus and related exclusions. Also, there are many civil authority provisions in policies that must be carefully evaluated and strategically utilized where commercial operations have been effectively or expressly shut-down (or strongly discouraged in some slower-response jurisdictions) giving rise to losses. In addition, there are state and federal provisions being contemplated that could pay for business interruption claims in the form of subsidies, claims bills, bailouts and per other shared equitable relief compensation methods.