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Charles Rex Arbogast

Last updated on 2013-11-22T06:48+0300.

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Charles Rex Arbogast said ( about Billy Goat ) : "not a result of direct physical loss or damage”. It also cites virus exclusions in its policies. But such exclusions don’t mean businesses don’t have valid claims, the business lawyers contend. They point to separate policy provisions requiring that insurers pay losses when civil authorities intervene during emergencies and order businesses to close. The Billy Goat Tavern’s legal team says their case may be that much stronger because their insurer did not write in a virus exclusion and then still denied coverage. Pressure on insurers isn’t only coming in the form of lawsuits. State lawmakers, including in Illinois, New York and New Jersey, have proposed laws that would dictate insurers accept business claims for coronavirus damage, in some cases even if policies exclude pandemics. Industry advocates say such mandates could drain insurance funds needed to pay claims during upcoming hurricane season and when other natural disaster inevitably strike. The laws, they argue, also would undermine the contract law upon which free markets rely. “If elected officials require payment for perils that were excluded, never underwritten for, and for which no premium was ever collected, catastrophic results will occur,"

clickondetroit Thursday, April 23, 2020 1:20:00 PM EAT

Key Titles and Phrases (Last 30)
Names (Top 30)

Key Titles and Phrases	Count	Lang	Last Seen

Names	Lang	Count
Charles Rex Arbogast	EN	98.32%
CHARLES REX ARBOGAST	EN	0.84%
Charles Rex Arbogast	FR	0.84%

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