Business income loss News

Federal Court Advances COVID-19 Business Income Suit Despite Virus Exclusion

A federal district court in Virginia has ruled that a spa’s COVID-19-related business income loss lawsuit can move forward despite a virus exclusion in its insurance policy. The United States District Court for the Eastern District of Virginia, Norfolk Division, …

Did Debate Over Business Income Insurance Just Get More Complicated?

As the insurance industry faces litigation and questions over virus-related claim denials, it could soon be dealing with another business income hurdle due to the civil unrest that has taken place in many U.S. cities following the death of George …

Troubled California Gas Facility Has One Third of Wells Shut Down

The largest gas storage facility in the West halted using a third of the wells pumping methane underground at high pressure just weeks after it resumed operations following a blowout that crippled it for nearly two years. Southern California Gas …

California’s Record Heat Struck Wine Regions at Harvest Time

The record head that baked Northern California over the Labor Day weekend left wine grapes shriveling on the vines, reducing many of them to raisins before the normal harvest and turning what was looking to be a promising vintage into …