Top
image credit: Pixabay

Texas Bill Would Mandate Business Interruption Cover for Pandemic Losses

February 10, 2021

A bill filed in Texas would require business interruption insurance policies to cover losses from a pandemic.

Under SB 249, filed by Sen. Charles Schwertner, business interruption insurance would be required to “cover loss caused by a pandemic, including loss caused by the order of a civil authority made to prevent the spread of a pandemic, without regard to whether the pandemic caused a direct physical loss to the policyholder’s property.”

Read More on Insurance Journal