Thursday, April 23, 2020

Travelers Insurance Is Suing Its Customers To Preempt Business Interruption Claims (TRV)

From Meidas Touch:
Travelers Insurance Company took the unprecedented step of filing federal lawsuits against its own insured, apparently to try and stop their insured from filing business disruption claims caused by the pandemic.

The first of these federal lawsuits was filed yesterday by Travelers Insurance against the law firm Geragos & Geragos, APC in the Central District of California. Geragos & Geragos is insured by Travelers Insurance for business disruption and made a claim for business disruption. Travelers Insurance is represented by Theodore Boutrous of Gibson Dunn, a law firm and a lawyer well-known for representing large corporate interests against employees and small businesses.

The federal lawsuit filed by Travelers comes after Geragos & Geragos and Mark Geragos began mobilizing small businesses in California and throughout the country to fight back against Travelers and other insurance companies for denying business disruption claims during the pandemic....MORE