Claims Journal 7/27/2021- Ruling May Portend Bitter End for COVID Business Interruption Claimants

Robert P. Hartwig, PhD, CPCU · July 27, 2021 ·

Claims Journal’s recent article on a court ruling that dismissed a dental practice’s COVID-19 business interruption claim proposes that this may be the beginning of the end for arguments that income lost because of COVID-19 government shutdowns should be recovered through commercial property insurance policies. Dr. Robert Hartwig commented that “the Oral Surgeons decision won’t resolve the COVID business-interruption issue in all courts, but will almost certainly stem the flow of litigation.” Read the entire article here.

About Robert P. Hartwig, PhD, CPCU

Director, Risk and Uncertainty Management Center
Clinical Associate Professor
Robert Hartwig (Ph.D., University of Illinois, 1993) is clinical associate professor of finance and director of the Risk and Uncertainty Management Center. His research focuses on insurance markets and structures, risk management, pandemic risk, risk-bearing capital market instruments, the financing of technology risks and venture capital in insurance markets. He makes frequent presentations to insurance industry management, boards of directors, regulators and legislators. Prior to joining the Darla Moore School of Business, he was president and economist for the Insurance Information Institute in New York and in prior positions worked for Swiss Re, the National Council on Compensation Insurance and the U.S. Consumer Product Safety Commission. He has also served as an adjunct professor at Florida Atlantic University. His professional experience includes expert witness testimony and testimony before numerous congressional and state legislative committees. He holds the Chartered Property Casualty Underwriter (CPCU) credential and speaks frequently in the media on all issues related to insurance markets.