On April 7, 2022, Venable partner Sarah Cronin was featured on the NPR podcast The Indicator from Planet Money, where she discussed pandemic insurance for the entertainment industry and her role handling insurance recovery disputes on behalf of policyholders.
According to the podcast, a lot can happen in a music venue that could result in injury to people or damage to property for which the owner could be held liable. That's why business owners often rely on insurance to cover themselves, but policies are complex, and so are the various kinds of coverage they offer. The pandemic forced the closure of music venues around the country. Owners of many of these businesses believed their existing insurance policies would help them weather the storm, but many of those policies weren't designed for pandemics.
Even before COVID-19, pandemic coverage was rare, but it has since virtually disappeared. “Now with event cancellation insurance, every insurance company throws on a communicable disease exclusion so that there would not be coverage,” said Cronin.