COVID & BI: One more time...

We last discussed this issue a couple months ago:

'It's going to perhaps send a false sense of hope and promise to a community of folks who need action and relief now.'

That was in response to a threat by DC Council-critters to force carriers to pay Business Overhead (BI) claims for quarantined businesses. Regular readers know that this coverage does not extend in that circumstance.

Fast forward a bit, and we get this in email:

'The ruling reaffirms that BI policies only cover physical damage.'

That is, the closing of a business due solely to government mandate, with no actual physical loss, is not a covered BI expense.

This is important because it's one more nail in the proverbial BI/COVID coffin.

Click on through for the gory details.
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