[UPDATED] Are you Covered? Business Interruption Insurance and Covid-19
This article was originally published on April 9, 2020. We have updated it as of May 1, 2020 to reflect new developments. Click here to jump to the update. Does your business interruption insurance cover pandemic losses? Three things to do today. Your property insurance policy likely includes business interruption (“BI”) coverage. BI insurance covers loss of business income and other reasonable...
read moreAuto Insurance Statutes Unclear Where Rentals are Concerned
Renting a car can be complicated. Unwinding the insurance issues when a rental in involved in an accident requires untangling the intersection of state and federal law. A new Tennessee Supreme Court ruling gives some guidance. Tennessee’s Financial Responsibility statutes, Tenn. Code Ann. § 55-12-101 et seq., mandate that Tennessee motorists have auto insurance. Specifically, a Tennessee...
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