Federal judge allows businesses to proceed with lawsuits seeking COVID-19 payouts from Society Insurance

A Chicago federal judge has rejected a bid by Society Insurance to toss a mountain of lawsuits filed by businesses hit hard by the pandemic, a departure from recent rulings in other courts that sided with insurance companies. The Monday ruling gives hope to dozens of restaurants, bars and other businesses — including Chicago’s storied Billy Goat Tavern and the Lettuce Entertain You restaurant company — whose claims for business interruption insurance were denied by the company after COVID-19 and government-mandated shutdowns forced them to close or severely curtail operations. Their cases can …

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HEDGE accordingly