Business Interruption Insurance in the Era of COVID-19

By Racquel Brown-Gaston, Esq.

January 2021

Almost 100,000 small businesses have closed in the United States due to the impact of the COVID-19 pandemic; 60% will never reopen. Despite many small businesses having paid high premiums for business interruption insurance, insurers are denying most claims for losses due to the pandemic and the courts are allowing it. This article traces the development of insurance law and how the insurance companies take the money and run.