With schools being closed, businesses being shuttered, and government functions being doled out on an "essential" basis, the impact is being felt far and wide. It is the virtual Wild, Wild West with so much uncertainty and so many questions.
Coronavirus Disease 2019 (COVID-19) is causing unprecedented disruptions to the U.S. economy, and government officials and health professionals expect that these could continue through September.
"The undersigned organizations employ millions of individuals who are faced with this crisis and are doing their best to manage their personal and professional lives in the face of uncertain times. Many companies have instituted mandatory work-from-home measures to limit community," reads a letter from companies and trade organizations to California Attorney General Xavier Becerra.
A Louisiana lawsuit will play an important role in determining the potential availability of business interruption coverage for coronavirus-caused losses.
