Trump Tells Insurers to Pay Virus Claims If Pandemics Not Excluded

By Jim Sams | April 10, 2020

  • April 13, 2020 at 7:33 am
    Caldude says:
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    Wait, this guy wants to violate a contractual agreement – been doing it his entire “business” career. Good luck

  • April 13, 2020 at 10:53 am
    Bill Wilson says:
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    Generalizing about insurance coverage is a pointless exercise. What matters is the specific language in the insurance contract in question.

    https://insurancecommentary.com/business-income-insurancedoes-it-cover-coronavirus-shutdowns/

  • April 13, 2020 at 12:58 pm
    Rich says:
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    “I would like to see the insurance companies pay if they need to pay, if it’s fair. And they know what’s fair. And I know what’s fair. I can tell you really quickly.”

    Breaking news: He knows what’s fair and he can tell us really quickly! Tune in daily for more nuggets of insight. To echo the other two comments, you cannot violate a contractual agreement. I truly empathize with the business community, but paying out losses on an exclusion, is a dangerous precedent to set. You can’t purchase homeowner’s insurance after the building has burned down.

  • April 14, 2020 at 11:16 am
    Bruno Vogt says:
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    This from a person who can’t tell the difference between a pandemic and an epidemic. Good luck to us all.



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