Over the past couple of months, we have written on decisions by various European insurers to pay policyholders for their COVID-19 related losses. That positive trend is now moving across continents.
Continue Reading South African Insurers Agree to Pay for COVID-19 Losses
International
Will European Insurers’ Positive Response to COVID-19 Claims Influence US Insurers?
Last month we wrote a piece concerning AXA’s agreement to pay COVID-19 related business interruption claims by a group of restaurants in France after a court ruled that the restaurants’ revenue losses resulting from COVID-19 and related government orders were covered under its insurance policies. AXA reportedly has already agreed to pay over 200 COVID-19 related claims.
Continue Reading Will European Insurers’ Positive Response to COVID-19 Claims Influence US Insurers?
Global Insurer Agrees to Pay COVID-19 Business Interruption Claims
By Hunton Andrews Kurth LLP on
AXA, one of the biggest insurance companies in the world, has agreed to pay COVID-related business interruption claims by a group of restaurants in Paris after a court ruled that the restaurants’ revenue losses resulting from COVID-19 and related government orders were covered under AXA’s policies.
Continue Reading Global Insurer Agrees to Pay COVID-19 Business Interruption Claims