From the Document: Many businesses across all sectors are experiencing disruption and incurring losses from the Coronavirus Disease 2019 (COVID-19) pandemic The pandemic has stirred a debate among insurers, policyholders, and other stakeholders about who will be responsible for the losses that companies face from widespread shutdowns This Insight will focus on efforts at the federal level to address business interruption (BI) insurance coverage for COVID-related shutdown losses Insurance is primarily regulated at the state level, and there are efforts in a number of states providing for coverage of BI claims on a retrospective basis, which are addressed in CRS [Congressional Research Service] Insight IN11382, 'Business Interruption Insurance and COVID-19: State Legislative Initiatives 'COVID-19 (Disease);Business insurance
Business Interruption Insurance and COVID-19: Federal Legislative Initiatives [May 11, 2020]