I hope you all are faring well in these crazy times. I know you are super busy...aren't we all. It just hit me that I am surrounded by such intelligent professionals who I can use as a resource.
Are you seeking any business interruption coverage resulting from this occurrence. For example, concessionaires are closing or reducing hours; this could/will impact the MAGs (depending on how the contracts are written). Is the loss of income potentially recoverable under the property policy? Are you guys putting carriers on notice? Also, are you seeking recovery for income losses related to the halt of international travel? Anything I’m missing that I could seek coverage for?
I think our policy has a small sublimit for Communicable Disease and a 48 hr waiting period for Civil Authority (Midway closure). I have my Insurance RM looking into it; wanted to see what you guys were doing. Let me know.
Thanks for your help!!!
Tamika Burgos Puckett
Chief Risk Officer
City of Chicago – Office of the Mayor
121 North LaSalle Street | City Hall - Room 509
Chicago, Illinois 60602
(312) 744-5201 (office) | (312) 720-6247 (cell)