Posted Jul 07, 2010 04:17 pm CDT
Jenner & Block is warning its corporate clients that they may be facing a deadline to file business interruption claims related to the Gulf oil spill.
According to Jenner, some insurers assert that that 5 p.m. Thursday, Eastern Time, is the deadline for filing business-interruption claims tied to pollution. The National Law Journal has the story.
Jenner insurance coverage lawyer Lorelie Masters told the NLJ that pollution policies often require a claimant to file notice within 80 days of the incident that led to the damage. “Pull out your policy and look at it and make sure you’re not in a situation where you unwittingly let this notice period pass,” Masters said.