Where everybody files a claim

Cheers bar in Boston says business interruption coverage “sure would help a lot” in its lawsuit against its insurer for refusing to pay its claims for COVID-19 shutdown losses.

Hampshire House Corp., the owner of the iconic Beacon Hill bar as well as Cheers locations in Faneuil Hall and on Liberty Wharf, filed a complaint against the Fireman’s Fund Insurance and Allianz Global, arguing that the insurers wrongly denied its business interruption claims, WHDH Channel 7 News in Boston reported.

Hampshire House has been the latest of dozens of companies “whose troubles are all the same” and filing lawsuits for denied business interruption coverage.

Cheers claims that COVID-19-mandated shutdowns of its locations have cost it more than $10 million. No mention of whether the losses were related to lack of beer sales to Cliff and Norm.

More insurance and risk management news on the coronavirus crisis here.