March 19th, 2020
Wall Street Journal
Bill Lalor was recently quoted in Leslie Scism’s Wall Street Journal article “New Orleans Restaurant Kicks Off Coronavirus Insurance Litigation.” In the article, Bill discusses the pressure faced by government officials to broaden coverage in order to aid businesses affected by the coronavirus outbreak.
“Lawmakers and regulators may take an ‘all bets are off’ approach where the terms, conditions and exclusions the insured paid for say one thing, but there’s pressure to get to a different result somehow,” said Bill. “That’s no longer a contract, it’s a tax, but public sentiment may well support it.”
To view the article, click here (subscription required).