April 3, 2023
Marcum’s April column for Construction Business Owner, about the impact of COVID-19 on the construction industry, was written by Assurance Senior Manager Eric McManus.
Construction Business Owner
By Eric McManus, Senior Manager, Assurance Services
Excerpt:
Contractors wary of a COVID-19 resurgence or similarly disruptive event may want to reinforce the language in their contracts to protect against large-scale shutdowns and other major disruptions outside of the business’s control. To date, companies seeking to compel insurers to cover pandemic-related losses by claiming coverage under damage or suspension clauses have been largely unsuccessful.
