Insureds Sue Charter Oak For Business Income Losses Arising From Coronavirus

Mealey's (July 29, 2020, 10:01 AM EDT) -- Insureds on July 24 filed two separate federal lawsuits in Maryland and the District of Columbia against The Charter Oak Fire Insurance Co., alleging that the insurer's "arbitrary and wrongful denial of insurance benefits" arising from the novel coronavirus leaves them "financially insecure and threatens the survival" of one or more of their collective 14 restaurants that are covered under their policies (RW Restaurant Group LLC, et al. v. The Charter Oak Fire Insurance Company, No. 20-02161, D. Md.; FT DC, LLC, et al. v. The Charter Oak Fire Insurance Company, No. 20-02026, D. D.C.)....