Insurers Can’t Cover Everything

Businesses everywhere are turning to insurers to cover losses from the novel coronavirus. But their policies weren’t written or priced to deal with pandemics. Lawmakers should work with the industry to help businesses, rather than trying to compel insurers to pay for the damage.

Many small businesses have insurance for “business interruption,” which covers expenses such as rent or payroll during a forced shutdown. It’s typically paid out in cases of physical loss caused by fires, floods and other hazards. Pandemics pose a…

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