280 | Premium Letdown: Hotels challenge property insurers’ refusal to cover COVID-19 revenue loss

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As the hospitality industry struggles to mitigate the massive loss of revenue caused by the coronavirus pandemic, hundreds of hotel owners are filing lawsuits to force their property insurance providers to cover their financial casualties. Meantime, state and federal lawmakers are considering legislation that would mandate U.S. insurance companies pay for business losses related to read more

The post 280 | Premium Letdown: Hotels challenge property insurers’ refusal to cover COVID-19 revenue loss first appeared on Long Live Lodging.

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