News & Insights
Business Interruption Insurance: Battle Lines Are Drawn (but don't be late to the battle front)
The minute it was apparent the pandemic would temporarily shut down businesses, insurance coverage counsel everywhere knew we were headed for a war within a war. As the war with Coronavirus rages, the longer battle in the courts has just begun between insurers and businesses—and possibly State legislatures—over applicability of business interruption (BI) coverage for economic loss caused by Covid-19.
Families First Coronovirus Response Act ("FFCRA")
The FFCRA is comprised of two primary components that affect employers that have fewer than 500 employees. One component of FFCRA relates to the expansion of the Family Medical Leave Act ("FMLA") and paid sick leave protections for employees that are affected by COVID-19. The second component of FFCRA relates to the tax credits available to employers who provide COVID-19 paid sick leave benefits to employees."
COVID-19 - Frequently Asked Questions
With the constant coverage of the Covid-19 Pandemic and the economic crisis that has accompanied it, WBS has prepared a comprehensive summary of everything you need to know to protect your employees and your business. The article COVID-19 Frequently Asked Questions can provide some answers to the questions that you have in this crisis.