Let's get physical: pandemic business loss and insurance

Challenges lie ahead for policyholders who want 'physical' effects to include the impact of COVID-19

Let's get physical: pandemic business loss and insurance
Justine Forsythe and Robert Martz

In late March 2020, not long after the realization set in that the COVID-19 outbreak had become a global pandemic, an Ontario Superior Court of Justice decision involving the shutdown of a nuclear reactor was quietly released. Along with a follow-up ruling by the Ontario Court of Appeal, that decision provides a glimpse of how insurance companies would, or would not, compensate businesses for loss of business resulting from the pandemic.

To read the full story, login below.

Not a subscriber?

Start your subscription today!

Recent articles & video

Food and beverage M&A on the rise, but determining valuations is difficult: Stikeman Elliott lawyer

IIROC publishes proposed amendments to protect Canadian investors

Antonio Urdaneta's long journey from foreign-trained lawyer to launching his employment firm

Nova Scotia seeks public feedback to improve anti-cyberbullying law

Roundup of law firm hires, promotions, departures: Jan. 17, 2022 update

Singapore law firms lose record number of lawyers

Most Read Articles

Saskatchewan appeal court overturns eight-month law society suspension for lawyer Tony Merchant

As more mandatory COVID-19 vaccinations loom, employers should have a plan: Whitten & Lublin lawyer

WOMEN IN LAW: Jennie Baek loves being a trusted advisor and helping clients build at McMillian LLP

Everlaw provides data showing massive shift to automation tools across law firms