INSIGHTS

The regular exchange of ideas is a significant part of our culture at the firm. We’re always sharing news articles and strategies as well as personal stories with each other. So why not share it with you, too? This is the sort of thing you’d overhear if you spent a few days with us at Goodman law Group | Chicago. Enjoy.

Dentist Tray

Don’t Take No for an Answer

How   dental   practices  can  file   successful COVID-related insurance claims. In my work representing owners of medical and dental practices who have suffered losses due to the coronavirus pandemic, my clients come to me with the same story: the insurance carriers say that they are “sorry,” but there just is no insurance coverage for the claims that have closed or restricted their businesses. “No, viruses are excluded from your coverage.” “No, an executive order from the governor ordering your practice to close does not fall under the civil authority

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Restaurant with Covid Sign on Door

COVID-19 and Business Insurance Claims: 3 Important Questions for Restaurants

Among the most tangible disruptions to regular life caused by the coronavirus pandemic is the current prohibition on dining in restaurants. Restaurants play a central role in our communities and are where we celebrate, commiserate, commune and network. For restaurant owners, the closures have set off a devastating chain of events, from layoffs to unpaid bills to, in some cases, permanent closures. The disruption to the restaurant industry will continue for the foreseeable future, even after restaurants reopen because their operations will be subject to significant restrictions. Restaurant

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Question for Manufacturing Companies about Covid

Business Insurance and COVID-19 Three Questions Manufacturers Need to Answer

As the COVID-19 fallout continues to unfold in the coming weeks and months, business owners will be turning to their contracts and insurance policies to determine their options for risk-mitigation, recovery, and to defend themselves against contract claims. The devil is in the details, and the details will necessarily vary by document and situation, but here are three questions that should guide manufacturers as they gather information and devise strategies for moving forward in continually evolving circumstances. How do your contracts with customers and suppliers address force majeure?

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Insurance Claim Document

Business Insurance Claims and COVID-19

Business insurance may cover losses companies experience due to the virus, but only if owners are smart about how they file claims. As business owners react day to day to the complex and unprecedented impact of COVID- 19 on the marketplace, supply chain and labor force — an impact that is very much still unfolding — they are juggling concern for their employees and customers in the short term with longer term worries about what all this is going to mean for the future of their business. Even

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Mr. Goodman Portrait in B&W

Why I Became A Lawyer: Following A Serendipitous Path

Reflecting from the vantage point of 30 years as a lawyer, I find myself in a career that I love because I followed my passion but also allowed for serendipity. I was not a kid who ever said that I wanted to be a lawyer when I grew up — but, looking back, I can see a clear path that began with being part of a family with a deep interest in politics and justice. This, in its time, led me to get involved in political campaign work,

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Person reading document

Intentional Acts

In my experience, insurance isn’t the first thing most people think about when they wake up in the morning. Whether something will be covered isn’t even a thought until a person has a claim against them or they experience a loss and are seeking reimbursement for damages. The “general liability insurance policies” through which most businesses protect themselves will include an exclusion from coverage for “intentional acts.” After all, insurance companies cannot be expected to insure a business for the intentional consequences of that business’ conduct. An intentional

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Hour Glass image

Reservation of Rights

In a perfect world, you pay for insurance, something bad happens, you file a claim, the insurance company pays for it, the end. Unfortunately, that outcome is too often the exception rather than the rule. Claims are time sensitive. When a policyholder is sued or experiences a loss and files a claim, they hope and need to receive a prompt and clear response from the insurer. But there is no hard and fast rule as to what constitutes a “reasonable” response time. Indeed, the initial response may be

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Stranger Danger Icon

Growing Pains: Protecting Your Business from the Risks Associated with New Customers and Clients

Businesses spend substantial resources on growth in sales. Online marketing efforts allow sales to customers and clients a business many only have contact with via email, and these days it is not unusual to develop new customers entirely via email engagement without “meeting” the customer by telephone or in person. Most of these electronic engagements make efficient use of everyone’s time and work out fine. But don’t let the allure of opportunistic growth override appropriate client vetting and risk management. What do you need to know to minimize

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Whistleblower Definition

The Role of the Whistleblower

Company leaders should welcome, not fear, the whistleblower. In the 19th century, when a law enforcement officer wanted to alert the public to imminent danger — a fire, a runaway horse, a pickpocket running through the crowd — he blew his whistle. Today’s “whistleblower” is an insider or former insider who reports misconduct that has been enabled or ignored by those entrusted to prevent it. Calling attention to conduct that is perceived to be tolerated, even if the actions are inappropriate, may be treated as disruptive or even

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