14 results - (0.000 seconds)

News about Business Interruption:

    GLENVIEW, Ill. (CBS) — There was a small victory this week for a group of restaurants fighting to have insurance companies pay out certain COVID-19 claims. As CBS 2 Political Investigator Dana Kozlov reported Tuesday, a federal judge ruled one case can proceed – despite the insurance company’s request to have it tossed. READ MORE:...
    CHICAGO (CBS) — Small businesses in Illinois that have been struggling to survive during the pandemic have only a few days left to apply for grants of up to $150,000 from the state of Illinois’ “Business Interruption Grant” program. Gov. JB Pritzker said the deadline for applications for the program close at 5 p.m. Tuesday. Launched...
    Tracy Collie styles Roberta Skivicki's hair at Three-13 Salon, Spa and Boutique, during the phased reopening of businesses and restaurants from coronavirus disease (COVID-19) restrictions in the state, in Marietta, Georgia, April 24, 2020.Bita Honarvar | Reuters As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United...
    Restaurants, bars and other business owners struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers through their business interruption insurance policies. But insurers contend they are being miscast as potential saviors. Shutdowns and crowd restrictions imposed by state and local governments to limit the spread of the...
    By MICHAEL LIEDTKE, AP Business Writer Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers that in turn contend they are being miscast as potential saviors. Shutdowns and crowd restrictions imposed by state and local governments to limit the spread of the...
    Restaurants, bars and other merchants struggling to stay afloat during the coronavirus pandemic are desperately reaching out for a lifeline from insurers that in turn contend they are being miscast as potential saviors. Shutdowns and crowd restrictions imposed by state and local governments to limit the spread of the virus have resulted in more than...
    Tilman Fertitta, CEO of Landry's, stars in CNBC's "Billion Dollar Buyer"Nick Valinote | CNBC The Houston Rockets are suing their insurance company, Affiliated FM Insurance Co, for denial of a $400 million business interruption policy related to losses suffered by the coronavirus outbreak, according to Bloomberg Law. Rockets owner Tilman Fertitta's Rocket Ball Ltd....
    D.C. companies should soon gain more time to file business interruption insurance claims, after lawmakers passed a bill designed to relieve some stress on business owners deciding whether to claim damages amid the coronavirus pandemic. The legislation, passed unanimously Tuesday by the D.C. Council, essentially stops the clock from running on deadlines for claims under...
    BERKELEY (CBS SF) — Famed East Bay restaurant Chez Panisse filed a lawsuit Tuesday claiming its insurance company wrongfully denied coverage for losses resulting from government-mandated public health shutdowns related to the coronavirus pandemic, according to the restaurant. The lawsuit filed by the notable Berkeley restaurant founded in 1971 by chef Alice Waters alleges that...
    CHICAGO (CBS)– Calling all small business owners! Tuesday is the last day to apply for the Business Interruption Grant program. CBS 2 is Working For Chicago to help workers and employers during these uncertain times. Through the grant, there is $60 million for 3,500 businesses. Businesses in locations hit hardest by the coronavirus will be...
    CHICAGO (WLS) -- Seven new state-run centers will open this summer to support Illinois small businesses.The new Small Business Development Centers are located in Chicago, Elgin and Joliet."With many Illinois businesses currently facing unprecedented burdens as a result of COVID-19 and recent civil unrest, our SBDC community partners can be a lifeline for businesses working...
1