Pasich LLP Legal Alert on Insurance Coverage for Losses and Claims Associated with the Coronavirus
As the coronavirus spreads around the world and economic losses mount, insurance should not be overlooked. Pasich LLP has published a Legal Alert on Insurance Coverage for Losses and Claims Associated with the Coronavirus. It addresses why many common types of insurance may provide extensive coverage for the economic losses and litigation associated with the coronavirus. “We believe that many kinds of insurance afford protection against economic losses associated with the spread of the coronavirus and steps taken to minimize its spread,” said Kirk Pasich, Esq. “We also believe that insurance exists for lawsuits—which have begun to be filed—relating to alleged exposures to the coronavirus or alleged failures to protect against exposure. The reality is that even if, for example, an insured does not have event cancellation insurance, or its event cancellation insurance has a clear express exclusion barring coverage, other policies may afford coverage. In fact, there often may be coverage afforded for coronavirus-associated losses and litigation under policies that, at first blush, might not be considered as providing coverage. Those policies include property insurance policies and general liability and workers’ compensation insurance,” said Pasich.
