Restaurants and their industry associations are trying to get some traction in Washington DC to push Congress to force insurance companies to cover “business interruption” claims from COVID-19, even when the coverage is plainly not in the policy.
That’s certainly understandable, and we’ll see how it plays out.
Washington is already making substantial resource outlays to make up for the loss of business. Would making claims against insurers be ‘double-dipping’? With the amount of money already going out to businesses how would the accounting work for that? There’s a good article in yesterday’s Wall Street Journal if you want to dig deeper https://www.wsj.com/articles/restaurants-vs-insurers-shapes-up-as-main-event-in-d-c-lobbying-fight-11587288600
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