10 E. Doty Street, Suite 600 | Madison, WI 53703-3392 | 608-286-2302 | info@burnsbair.com
© 2023 All rights reserved. | Website Design by Bizzy Bizzy
10 E. Doty Street, Suite 600 | Madison, WI 53703-3392 | 608-286-2302 | info@burnsbair.com
© 2023 All rights reserved. | Website Design by Bizzy Bizzy
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Steakhouse Chain Sues Insurer Over COVID-19 Coverage
Firebirds International LLC, a steakhouse chain with more than 50 restaurants around the country, has filed a lawsuit against Zurich American Insurance Co., claiming the insurer is in breach of contract for refusing to cover business losses stemming from the COVID-19 pandemic. This, despite the fact that Firebirds pays for premium coverage.
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COVID-19 Coverage MDL Could Prove to Be a “Nightmare”
The task set before a Judicial Panel on Multidistrict Litigation, over whether to consolidate hundreds of lawsuits filed against insurers who have denied their policyholders’ business interruption claims, is being described as a “nightmare”.
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JPML Probes Bids To Combine COVID-19 Coverage Battles
The Judicial Panel on Multidistrict Litigation (JPML) had several questions on Thursday for attorneys representing policyholders and insurance carriers over whether COVID-19 business interruption claims currently pending in federal courts across the country should be centralized or resolved case by case.
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Lloyd’s Insurers Argue COVID-19 Coverage Suit Should Be Sent to Florida
Underwriters from Lloyd’s of London have asked a New York federal court to send a COVID-19 coverage suit brought by two pizza companies to Florida, claiming the companies have engaged in forum shopping. Read more
Houston Rockets Seek Coverage for COVID-19 Interruptions
The Houston Rockets and its venue the Toyota Center have filed a lawsuit seeking business interruption coverage for losses related to COVID-19 shutdown orders. Both the team and the venue say their insurer wrongly denied a recently filed claim. Read more
Firm Seeks MDL for Business Interruption Claims
Burns Bowen Bair LLP has joined with other firms seeking to consolidate hundreds of federal lawsuits alleging that insurers have wrongly denied coverage to businesses impacted by COVID-19 shutdowns. Read more
Insurer Argues “Takeout” Operations Diminish Need for Insurance Class Action
Insurers are seeking to invalidate business interruption claims filed by restaurants and bars in three states, telling a Wisconsin federal court that continued access to takeout service demonstrates that the businesses have incurred no physical losses.
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Pre-IPO Companies May Need Stronger D&O Coverage
Concerns regarding regulations and compliance that are in need of individuals with more experience than founders and employees of the lead venture capital investors have startup companies preparing to go public regularly adding high-powered, independent directors to their boards.
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Mutual Fights Time’s $6.9M Settlement and Defense Costs
Mutual Insurance Co. is asking a New York federal judge to throw out a suit brought by Time Inc. demanding $6.9 million in indemnification of settlement and defense costs for class actions accusing the magazine company of deceptive marketing. Mutual claims that Time’s “intentional” unfair business practice is not covered by its policy. Read more
Insurers Argue Against Business Interruption Lawsuits
With COVID-related shutdown orders affecting businesses across the country, insurers are now fighting against consolidation of more than 100 federal lawsuits arguing they should receive business interruption coverage. Read more