Is Your Hotel/Casino Insured for Its Coronavirus Business Interruption Losses?
Resorts, hotels, casinos, and others in the hospitality industry are experiencing devastating losses as the result of recent government shutdowns in response to the COVID-19 pandemic. Is there anything you can do to salvage your bottom line?
Maybe. Your insurance portfolio most likely includes a property insurance policy that provides coverage for business interruption losses. Depending on your policy language, you may have good arguments for coverage in this situation. But the issues are complex. And insurers will fight back.
In this webinar, we will walk you through the coverage issues that will determine whether your policies cover you for COVID-19 business interruption losses. We will discuss how to present a claim to your insurer. We will talk about some lawsuits that are already popping up by casinos. And we will open up the virtual floor to questions.
Please feel free to share this invitation with your risk managers, general counsel, or any other personnel you believe could benefit from this information.
We hope to (virtually) see you there.