Learn why insurers have been denying claims from businesses.
Insurance companies have come out and denied insurance coverage in many cases for businesses under business interruption due to COVID-19. There are people that think that this gap in coverage and the lost profits, or business interruption losses, will be addressed at some point whether it is in litigation that is currently filed or through funding at the federal or state level. Insurers are saying that business interruption policies are not designed to provide coverage against communicable diseases. This video reviews how retroactive legislation could transfer risk of loss due to COVID-19 to insurance companies.
Pamela D. Hans, Esq.
Anderson Kill P.C.
- Managing shareholder of Anderson Kill P.C.'s Philadelphia office
- Practice concentrates in the area of insurance coverage exclusively on behalf of policyholders
- Has been named to the 2019 Best Lawyers® list, recognized by The Legal 500, and tapped by Law360 as a Legal Lion for a $58M Appeals Court Win for TransCanada Energy
- The Legal 500 US has recommended her for Insurance - Advice to Policyholders, since 2017; Chambers USA named her a Recognized Practitioner for insurance law in Pennsylvania, 2017; identified by Law360 as a Female Powerbroker, 2014
- Clients include Fortune 500 Companies, energy and mining companies, construction companies, private schools, religious organizations, commercial lenders, and other policyholders whom she has represented in disputes with their insurance companies
- J.D. degree, Vermont Law School; B.S. degree in civil engineering, University of Manitoba
- Can be contacted at 267-216-2720 or [email protected]
Joseph W. Lesovitz, CPA/ABV/CFF, CFA, CFE
- Partner at Citrin Cooperman in the Forensic, Litigation & Valuation Services Group with over 15 years of experience
- Specializes in calculating damages in complex commercial litigation and in providing financial consulting and forensic accounting services to attorneys, public and private corporations, insurance companies, and governmental agencies
- Has been qualified as an expert and presented testimony in depositions and trials in federal court, state court, and arbitrations
- Provided consulting and litigation services for cases involving complex commercial damages, lost profits analysis, intellectual property infringements, business valuations, economic damage calculations, and fraud investigations
- An adjunct professor at the Villanova University School of Law where he currently teaches a course on economic damages and litigation strategy and previously taught a course on accounting and business valuation
- Certified Public Accountant in Pennsylvania, Chartered Financial Analyst, Certified Fraud Examiner, Certified in Financial Forensics, and Accredited in Business Valuation
- M.B.A. degree in accounting, Saint Joseph’s University; B.S. degree in accounting, Villanova University
- Can be contacted at 267-479-0060 or [email protected]
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