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Biz Says Insurer Profited By Turning Its Back On Virus Claims – Law360

Biz Says Insurer Profited By Turning Its Back On Virus Claims – Law360

Law360 (July 28, 2021, 8:22 PM EDT) — A Chicago wellness center asked an Illinois federal judge Wednesday to certify a proposed class of businesses it says were wrongfully denied business interruption coverage from a Hartford unit, despite paying full price in premiums to insure risks that were mitigated by coronavirus-related closure orders. GOAT Climb

Law360 (July 28, 2021, 8:22 PM EDT) — A Chicago wellness center asked an Illinois federal judge Wednesday to certify a proposed class of businesses it says were wrongfully denied business interruption coverage from a Hartford unit, despite paying full price in premiums to insure risks that were mitigated by coronavirus-related closure orders.

GOAT Climb And Cryo says Twin City Fire Insurance Co., a subsidiary of Hartford Financial Services Group, has wrongfully refused to pay business interruption insurance coverage under its “all-risk” policy when the wellness center was forced by the government to shutter to mitigate the spread of COVID-19.

“Even in the midst of a global crisis when…

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