The recent increase in business interruption claims due to the pandemic have been almost universally rejected. This is for a variety of reasons, one of them being a pandemic or virus exclusion that was added to insurance policies following the SARS outbreak in 2003. This exclusion was added because the widespread losses caused by pandemics are too staggering to cover. According to industry estimates, monthly losses of $231 billion to $431 billion are piling up at U.S. businesses with fewer than 100 employees. AP News reached out to Dr. Robert Hartwig who says, “At that rate, insurers would have no money left to cover non-pandemic claims for auto accidents, home fires and even damages to businesses during the protests across the country since George Floyd died at the hands of Minneapolis police in May.” Read the entire article here.