The Foobooz Weekly Digest
River Twice has filed a federal lawsuit against their insurance provider following the company’s refusal to cover losses caused by the coronavirus crisis.
River Twice has filed a federal lawsuit against their insurance provider, Admiral Indemnity Company, following the company’s refusal to fulfill what the restaurant’s lawyer says is an event clearly covered by their policy’s protection against “loss of income caused by government actions that prohibit the business from operating.”
In taking this action, River Twice is in good company — major restaurant groups across the country have filed lawsuits and are working to pressure insurance companies to fulfill the same policies. River Twice says they fully understand the need to close restaurants, but they are arguing for the coverage they believe their policy entitles them to during this crisis. The insurance company could not be reached for comment at this time.
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