COVID-19: Influx of business interruption claims to hit insurers – 640 Toronto

In a recent interview with The Toronto Star, insurance lawyer Sivan Tumarkin explained why, as the coronavirus pandemic wears on, insurers could face “a tsunami of claims” from businesses looking for interruption coverage.

Tumarkin, a founding partner of Samfiru Tumarkin LLP, joined host Mike Stafford on Global News Radio 640 Toronto to talk about business interruption insurance claim denials during the COVID-19 pandemic.

• What strategy will insurance companies use to avoid paying business interruption insurance claims?
• Pandemic endorsements on insurance policy
• Should I file a lawsuit individually, or should I join a class-action lawsuit?
• Businesses may need to show physical damage in order to access a business interruption or pandemic insurance claim.
• Can legislation force insurance companies to honour business interruption insurance claims?
• Can insurance companies argue ‘force majeure’

Learn more about your rights during the coronavirus pandemic through our Coronavirus (COVID-19) Knowledge Centre, where you can find resources about your employment rights during COVID-19.