03.25.2020
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03.25.2020
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General News
Attorneys Jim Davis and Bradley Dlatt were quoted in the Reactions article "COVID-19: The Risk Manager Perspective,"* regarding the risk manager perspective on insurance coverage for COVID-19.
"Jim Davis said that COVID-19 is going to have an economic impact that goes beyond the typical loss events, and forecasts an 18-month period of disruption across every industry. In turn, multiple different lines of insurance will be affected. 'Businesses large and small will be seeing enormous revenue losses', Jim notes, 'which is already spurring contingent business interruption claims."
“'This isn’t the first time the industry has seen all of these issues, but it’s the first time it has seen these issues on this scale,' says Bradley Dlatt ... 'Did the virus actually prevent the event? Did you mitigate against it? Those cases are a lot more complicated than people realize.'"
*Subscription based publication.
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