Chicago, IL, USA, April, 2020 -- Jaszczuk P.C., a law firm concentrating its practice in business insurance recovery litigation, announced that its legal team has launched a new initiative to provide business owners with resources and consultation regarding COVID-19-related business interruption insurance claims. The firm has opened a dedicated COVID-19 helpline for business owners and is offering free consultations for companies with questions about their business interruption insurance policies.
The COVID-19 pandemic is having an unprecedented impact on businesses across the country. With massive closings mandated nationwide, companies in almost all industries are affected. Virtually every business is suffering interruptions; some facilities are required to close entirely, and furloughs, layoffs, and terminations are rampant. As a result, companies are filing business interruption insurance claims in good faith, but most are finding that even though their policies provide coverage for lost income, insurance companies are routinely denying their claims.
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"Large and small businesses should be aware that insurers are going to deny these claims automatically and without giving due deference to the language of the policy and the governing law," said Daniel Schlessinger, partner at Jaszczuk P.C. "There are strong arguments and precedential court decisions finding that structural damage is not required in order for there to be damage to business property. As more companies are closing their doors to obey state-wide shutdowns and keep their communities safe from the spread of COVID-19, there is a real and tangible impact on their business. We urge business interruption insurance policyholders to speak with a business law professional before they file a claim or—even more importantly—if their claim has been rejected."
Jaszczuk P.C.’s experienced legal professionals believe that corporations with business interruption insurance policies have rights and recourse - even those with policies that have so-called "virus exclusion" clauses.
Posted by Veronica Silva Cusi, news correspondent
About Jaszczuk P.C.:
Founded by noted litigator, Martin Jaszczuk, and led by nationally renowned insurance coverage counsel, Daniel Schlessinger, Jaszczuk P.C. offers more than 100 years of collective experience working on high-stakes insurance coverage matters. Utilizing their decades of experience representing insurers at an AmLaw100 firm, the attorneys of Jaszczuk P.C. fight for the rights of business owners. Insurance recovery cases are a cornerstone of their practice.
Published: Monday, April 20, 2020
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