News

Before the COVID-19 pandemic changed our lives, thousands of Americans traveled domestically and internationally every day. When planning their trips, most travelers didn’t think about the spread of viruses or pandemics, and only 22% purchased travel insurance plans to cover trip cancellations in case of unforeseeable events. Now, however, as states and other countries open up and people resume traveling, many are seeking insurance coverage for viral outbreaks and their impact on travel plans. Since the current pandemic is now considered a foreseeable event, it is generally excluded from cancellation coverage, but some insurance providers are offering new policies that […]

With nationwide protests in the wake of the death of George Floyd, an ongoing pandemic and the start of hurricane season, Florida businesses have a lot to worry about these days. In an interview published on June 1, 2020, Imran Malik, founder of Malik Law, P.A., shares with Orlando Business Journal how small businesses can brace themselves for the challenges they will continue to face this summer. Orlando Business Journal reports, “When it comes to coronavirus, most insurance companies are not providing relief for business interruption claims due to an exemption for viruses.” However, Malik has seen the fight for […]

In an article for Hotel Management, published on May 22, 2020, Malik Law attorney Imran Malik encourages hoteliers to explore all their available insurance options for short-term relief and long-term recovery from the COVID-19 pandemic. Malik writes, “At first glance, business interruption coverage would appear to be an easy claim to file for the COVID-19 crisis.” However, he warns, “Many insurance companies have already begun to signal their intent to deny pandemic-related claims.” Malik explains the basics of business interruption insurance, and why hotel owners should still consider their options and carefully review policies to look for specific ambiguities or […]

States across the country are currently considering legislation to compel insurers to cover business losses due to COVID-19 closures. The U.S. House of Representatives is also considering two bills (HR 6494 and HR 6497) that deal generally with providing business interruption coverage for pandemic-related closures and business interruption due to a government order. In the meantime, small business losses in the U.S. are climbing to somewhere between $300 and $500 billion, and businesses across the country are suing insurance companies to get them to cover their losses. Are these lawsuits worth pursuing? Should insurers be paying business interruption claims related […]

As the number of COVID-19 deaths in Florida approaches 1,000, many of us are wondering if it’s time to invest in a life insurance policy or increase our benefit, if we already have a policy. The decision is, of course, up to each individual, but there are several factors you should consider before deciding on a policy at this time. In this blog post, I’m going to discuss things to consider if you presently have life insurance, as well as problems you might encounter in trying to change your policy, get a new policy, or file a life insurance claim. […]

With the latest projections showing Florida experiencing 149 deaths per day at the peak of the coronavirus pandemic, it’s difficult to think about hurricanes, but indeed, summer is approaching and forecasters are predicting a very active Atlantic hurricane season. According to researchers at the Colorado State University, we may see 16 named storms this year, including eight hurricanes, and four of those hurricanes are predicted to be category 3, 4 or 5 storms. With water temperatures in the Gulf of Mexico more than three degrees above average, we know to expect bigger, more destructive hurricanes in Florida this year. And […]

If your Florida business has been forced to close due to the outbreak of COVID-19, you might be thinking about turning to your commercial property insurance to help you cover your losses. After all, the reason you have insurance is to pay for losses due to unforeseen threats to your business’s survival. However, insurance matters are rarely straightforward, and this is no exception. In this blog post, I’m going to discuss business interruption coverage and whether or not it applies to interruptions due to COVID-19. First we’ll look at what business interruption coverage typically covers, and then we’ll examine ambiguities […]

Strong winds and flying debris during storms can damage your home’s roof in different ways. Shingles can be blown off or damaged, leaks can occur, gutters can be damaged, and the interior of your home can be exposed to the elements. Roofs can also be damaged by falling tree limbs and hail. Regardless of how and where the damage occurs, it is very important to get it repaired as soon as possible to avoid further damage to your home. When their roofs are damaged, most homeowners contact their insurance companies, expecting that their policies cover repair or replacement costs. Their […]

If you have lived in Florida for any length of time, you have likely experienced more than one serious storm. As beautiful as the weather is most of the time, it can become violent and destructive when a tropical storm or a full-blown hurricane passes over the area. When that happens, your home is extremely vulnerable to damage. One of the most vulnerable parts of your home is your roof. Shingles can be blown off; trees or blown debris can crash through your roof; and the interior of your home can be exposed. To make your home safe and prevent […]

While the number of fatalities from car and truck accidents across the U.S. has decreased in recent years, Florida still ranks very high in fatalities and injuries. In fact, in 2018 in Florida, there were 3,174 fatalities and 254,873 injuries from motor vehicle crashes, and in Orange County alone, 22,866 people were injured in car accidents The holiday season is especially dangerous for Orlando drivers, but with 70 million tourists visiting our city each year (and many of them renting cars to travel to and from our theme parks and other attractions), any time of year can be perilous. That’s […]