A bill being drafted in the state of New Jersey could put certain property insurers on the hook for business interruption losses due to the COVID-19 outbreak.
March 31, 2020—A bill being drafted in the state of New Jersey could put certain property insurers on the hook for business interruption losses due to the COVID-19 outbreak, reported Insurance Business.
The bill applies to policyholders with less than 100 full-time employees. It would virtually nullify virus exclusion causes, according to the report.
The bill will allow insurers to apply to the Commissioner of Banking and Insurance for reimbursement for indemnity paid to policyholders through the bill.
Learn how ADAS utilizes sensors such as radar, sonar, lidar and cameras to perceive the world around the vehicle, and either provide critical information to the driver or take...
The Autel IA700 is a state-of-the-art and versatile wheel alignment pre-check and ADAS calibration system engineered for both in-shop and mobile applications...
