Victory for Insurance Companies Over COVID-Related Business Interruption Claims

The Wealth Advisor Contributor

February 7, 2023

(ALM | PropertyCasualty360) - This case is one of many where businesses have attempted to seek coverage from insurance companies due to losses during the COVID-19 pandemic.

Multiple Connecticut health care facilities claimed losses to their insurance companies after suspending their business operations during the COVID-19 pandemic.

But the Connecticut Supreme Court upheld the defendants’ denial of the claims, a reflection of many cases involving COVID-19 and insurance policies.

By Emily Cousins
February 6, 2023

Apple Tops Q2 Earnings Estimates On Strong iPhone, China Sales

(Yahoo!

Companies

Beyond the Call Center: Fiduciary Trust Shows Custody Still Matters in Wealth Management

Scott S. Sumner, Vice President and Head of Custody at Fiduciary Trust Company, explains why custody deserves strategic consideration from advisors serving high-net-worth clients. From trust accounting capabilities to same-day wire escalations, Fiduciary Trust has built its operations around one principle: custody should never drag down the advisor-client relationship. Learn how keeping operations in-house and maintaining direct advisor access changes the custodial experience.

The Trust Advisor