Restaurant Owners Say Coverage Owed For Lost Business Income Caused By Coronavirus

Mealey's (April 8, 2020, 10:30 AM EDT) -- CHICAGO — Insured owners of a number of restaurants filed a proposed class action suit on March 31 in Illinois federal court against its business interruption insurer, claiming that punitive damages are warranted as a result of the insurer’s denial of the insured’s claim for lost business income incurred as a result of state shutdowns caused by the novel coronavirus pandemic (Billy Goat Tavern I Inc., et al. v. Society Insurance Co., et al., No. 20-2068,  N.D. Ill.)....