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AI Wisdom: COVID-19 Business Interruption Litigation – Lessons Learned
"We’re going to have more law made on business interruption in 2020 and 2021 than probably the sum of all law before that," says Laura Gregory, partner at Sloane Walsh.
Thank you for sharing!
The following is a transcript of an episode of the “AI Wisdom – Talking Innovation in Insurance” podcast hosted by Chisel AI. The podcast is hosted by Ron Glozman, who speaks with Laura Gregory, Partner at Sloane and Walsh, LLP, about COVID-19 business-interruption claims litigation and the lessons learned to date. If you prefer to listen, you can find the recording of the podcast here.
Ron: In the wake of COVID-19, many businesses of all sizes worldwide were forced to close their doors leading to lost revenue and a spike in business interruption claims with many lawsuits filed against commercial property insurers for substantial losses caused by coronavirus litigation state by state has resulted in disruptions and disputes and mixed rulings on COVID-19 business interruption claims. I’m very excited to have with me here today, Laura Gregory, Partner at Sloane and Walsh LLP to talk a little bit about COVID-19 insurance and business interruption claims. Laura, thank you so much for taking the time. Do you mind introducing yourself?
Laura: Thank you so much, Ron, for inviting me on to your podcast. As Ron said, my name is Laura Gregory. I’m a partner at the law firm Sloane and Walsh, which is based in Boston, which is where I’m based. I’ve been doing insurance coverage and bad faith litigation for almost 30 years now. I am one of the few people that really enjoy the nitty-gritty coverage details. So, great for me, and great for them that they don’t have to do it. I am also an elected official in the town I live in Andover, Massachusetts, about 25 miles north of Boston, and survived successful re-election during the COVID quarantine. So, I think I bring a little bit of a different perspective in that respect and I’m looking forward to talking about business interruption, which is the hot topic in insurance these last few months. We’re seeing more and more of these cases. So, should be an interesting discussion.
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