Concerning Business Interruption Insurance

Last updated: Mar 21, 2021

Details about this bill
Category: General Business
Status: Defeated
Sponsor: Representative Lori Gramlich, House 13
Session: 130
Bill #: LD 694



UPDATE: Committee voted the bill Ought Not to Pass


Representative Gramlich of Old Orchard Beach would prohibit insurers that provide a policy insuring against loss or damage to property from excluding coverage for any loss of occupancy or business interruption directly or indirectly resulting from the COVID-19 pandemic. The bill also makes the requirements of this bill apply retroactively to March 15, 2020.