Will Business Interruption Insurance Cover COVID Interruptions?

The coronavirus pandemic has resulted in businesses across the country being closed or forced to operation on a limited basis. Many businesses have business interruption insurance, insurance policies intended to cover instances where they cannot operate their business. The question these business owners have is this: will their business interruption insurance cover COVID-related closures and disruptions, or are they going to be left to handle the repercussions of the pandemic themselves? Continue reading “Will Business Interruption Insurance Cover COVID Interruptions?”

Small Business Owners Seek Essential Status to Remain Open

With the stay-at-home order in New York now extended to May 28 for some parts of the state, many small business owners are increasingly seeking ways to survive what will soon be an entire Spring under quarantine. While many businesses have moved to telework arrangements where possible, many other “nonessential businesses” have been forced to remain closed for the duration of the quarantine. For some businesses seeking to survive, they have come up with a novel approach: finding a way to shift to be considered an “essential” business. Continue reading “Small Business Owners Seek Essential Status to Remain Open”