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re: French Quarter restaurant suing Lloyd’s of London
Posted on 3/16/20 at 7:35 pm to Buck Dancer
Posted on 3/16/20 at 7:35 pm to Buck Dancer
Lloyds policies have wording in their property form that excludes losses due to Virus or bacteria. I’m sure lawyers will do what they do and break that wording down and find loopholes but it is vaguely addressed tom their property forms.
1
Posted on 3/16/20 at 7:42 pm to Birdie225
quote:
Lloyds policies have wording in their property form that excludes losses due to Virus or bacteria.
Most if not all forms have that exclusion for virus.
ISO currently has a couple of endorsements in the works that would provide limited business income coverage for virus.
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