VA restaurant sues insurer over denial of COVID-19 business interruption claim

VA restaurant | April 23, 2020

A restaurant serving Mexican food in Arlington, VA is suing its insurer over the company’s denial of business interruption claims related to COVID-19. Rolando Juarez, the owner of Guajillo Mexican, filed the lawsuit this week in Arlington Circuit Court against Twin City Fire Insurance – a member of the Hartford Insurance Group. According to the lawsuit, the restaurant’s policy “explicitly covered such loss when caused by a virus, including the salaries and other expenses owed.” “The policy explicitly provides for loss due to a virus through an endorsement: ‘We will pay for loss or damage by “fungi”, wet rot, dry rot, bacteria and virus,’” the lawsuit outlined. “Twin City’s refusal of coverage breached its obligation and responsibility to provide coverage available through the policy to Guajillo due to its covered loss of business income because its premises are unusable and uninhabitable and have lost all function, which constitutes a direct physical loss under the policy.” Guajillo’s policy also defined a “period of restoration,” which “begins with the date of direct physical loss or physical damage caused by or resulting from a covered cause of loss at the ‘scheduled premises’,” the lawsuit added.

Spotlight

Proformex Founder Mike Pepe and Veralytic Founder Barry Flagg discuss the future of the life insurance industry relative to where it has been in the past.

Spotlight

Proformex Founder Mike Pepe and Veralytic Founder Barry Flagg discuss the future of the life insurance industry relative to where it has been in the past.

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Liberty Mutual Insurance | August 03, 2022

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HEALTH INSURANCE

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EquiTrust | June 24, 2022

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INSURANCE TECHNOLOGY

One80 Intermediaries Deepens Affinity Business With Acquisition of SelmanCo

One80 Intermediaries | July 11, 2022

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