business interruption loss News

Nashville Bar Damaged by Car Bombing Sues Insurer

When a Tennessee man set off a bomb in downtown Nashville in 2020, it not only disrupted a peaceful Christmas morning in the city, it put some nearby establishments out of business for more than 30 months. The vehicle blast, …

French Court Orders Insurer AXA to Pay Restaurant’s COVID-19 Losses

PARIS — A Paris commercial court ruled that insurer AXA must pay a restaurant owner two months’ worth of coronavirus-related revenue losses, the restaurateur’s lawyer said on Friday, possibly opening the door to a wave of similar litigation. AXA said …