Four law firms have filed class actions against six different insurers, including underwriters for Lloyd’s of London, alleging they denied business interruption claims filed by thousands of small businesses across the country.
“Businesses nationwide have, for years, purchased expensive insurance policies to protect them from losses exactly like those they are currently enduring,” said Adam Levitt, a partner at DiCello Levitt Gutzler. “For insurers to now tell them, in the most challenging of times, that the joke was on them and their policies were worthless, is unethical and abhorrent.”
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