Friday, April 3, 2020

Commissioner Lara Orders Insurance Data on Business Interruption Coverage to Assist California Small Businesses

Author: Roy

From the Press Release

...

"Commissioner Lara called on the insurance industry to assist small businesses facing layoffs and lost income due to business closures and government actions to prevent the spread of COVID-19. Insurance company responses to the data call are due by April 9, 2020, and will help the Department understand the number and scope of commercial business interruption type coverages in effect and the approximate number of policies that exclude viruses such as COVID-19. This data will help inform state policymakers on solutions to protect businesses.

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Categories: Insurers

Tags: DOI, California, COVID-19

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