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WEBINAR: The Impact of Covid-19 on Business Interruption Insurance

May 15, 2020 - By: William R. Rodgers and Albert A. DeNapoli
The insurance industry has been very busy the past few months conducting a sophisticated messaging campaign to actively discourage and deny claims arising out of the Covid-19 pandemic. The campaign has been very successful despite the fact that many policy-holding businesses are reeling from their losses.

Tarlow Breed Hart & Rodgers, P.C. Partners Bill Rodgers and Al DeNapoli, along with our collaborators Mike Childress and Brian Kabateck, will be presenting a webinar to the Massachusetts Society of Certified Public Accountants (MSCPA) on Monday, May 18, 2020 at 2:00 pm on the subject of business interruption insurance coverage for companies affected by government closure orders.

Our webinar will explain that coverage is far more available for businesses suffering under the present closure orders than the insurance industry will admit. We will also explain the hallmarks for coverage and loss calculations.

We’ll discuss insurance coverage and business losses that can be covered if your firm or company was closed by government order and how losses being covered depends on the language of your insurance policy. We’ll also cover civil authority and dependent property coverages, net profit or loss before taxes that would have been earned plus continuing expenses including payroll and extra expenses, whether business interruption insurance applies to your client’s business, what steps do you need to take and much more.

You can register for the webinar by clicking here. The webinar is free for MSCPA members, with a fee of $25 for non-members.