WE ARE

BIG

The Business Interruption Group represents thousands of businesses, employing millions of Americans across every sector of the economy.

As businesses struggle to survive amid the COVID-19 pandemic, we continue to fight for fair and equitable solutions that will ensure small and mid-size businesses receive the insurance coverage they need in order to keep their doors open.
CONTACT CONGRESS

WHAT IS AT STAKE

Thousands of small and midsize businesses across the country are struggling as COVID-19 ravages the American economy.

BIG represents thousands of business owners who are fighting to keep their doors open and save millions of jobs across all sectors of the economy.

Without the critical safety net provided by federal legislation like the Business Interruption Relief Act of 2020, thousands of businesses across the country and in every sector of the economy will be forced to close their doors permanently, dealing a devastating blow to millions of American workers.

American businesses are resilient. We will get through this. But in order to survive, we must enact policies on the federal level that ensure business owners receive the insurance coverage they so desperately need – and have paid for.

Business owners across the country have paid premiums to safeguard the livelihood of their employees in the case of a Civil Authority Shutdown. By withholding this coverage, insurers are putting tens of millions on unemployment lines in every sector of the economy.

TOGETHER WE MUST COME TOGETHER TO DO EVERYTHING WE CAN TO SAVE SMALL AND MID-SIZE BUSINESSES ACROSS THE COUNTRY

CONTACT CONGRESS

OUR INDUSTRIES SUPPORT

23.9
MILLION JOBS

We provide jobs to 23.9 Million Americans

$1.6
TRILLION

We contribute over $1.6 Trillion to the American Economy.

4.5%
GDP

We represent over 4.5% of the USA’s GDP

ABOUT THE BUSINESS INTERRUPTION RELIEF ACT

The Coronavirus pandemic and related quarantine and shutdown measures have created confusion and uncertainty for many businesses that have purchased business interruption insurance.

Specifically, many of these business interruption policies simultaneously cover costs incurred due to civil authority shutdowns while excluding costs stemming from viruses. This creates a gray area for businesses, many of whom would have to take insurers to court to receive any payout. H.R. 7412, the Business Interruption Relief Act of 2020, creates a voluntary program that will:

  • Encourage insurance experts and businesses to settle key disputes over business interruption insurance coverage, helping make available policy benefits for losses associated with the Civil Authority Shutdowns from COVID-19.
  • Help businesses that are working hard to follow local guidance and keep their doors open over the long term get their claims honored, cut through the red tape of litigation, and support our economic recovery.
  • Create a voluntary program for insurers, in which insurers can choose to pay out claims to these businesses and be reimbursed by the federal government. This would simultaneously provides a boost to businesses of all sizes with business interruption insurance coverage and prevent potentially years of costly litigation.

  • Apply to businesses with business interruption insurance that includes civil authority shutdowns but excludes virus-related damages.
VIEW OUR PROPOSED BILL

“Coverage is owed immediately on any BI policy that does not include a clear virus exclusion. BIG is banding together with leaders in every industry to launch BIG strategic legal actions against carriers who deny coverage by failing to acknowledge the dangerous impact the virus causes to property. Carriers that are taking this position will be punished for destroying livelihoods and putting millions on unemployment lines. We are willing to support federal subsidies for insurers who cooperate with us, but the window for a solution is closing fast.”

JOHN HOUGHTALING

GENERAL COUNSEL

“Sadly, just when Chubb is needed most, it has breached our trust and the trust of our committed global supporters. By denying the protection we paid for, they have halted and harmed our work.”

RABBI MARVIN HIER

SIMON WIESENTHAL CENTER

FEATURES

Read Axios latest feature on BIG
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Read The Wall Street Journals front page feature article on BIG
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LATEST NEWS

Watch as BIG takes over Times Square to ask Insurance Companies to Do the Right Thing
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BIG General Counsel John Houghtaling featured on CNN report on Business Interruption Insurance
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FOUNDING MEMBERS

WOLFGANG
PUCK

BIO

DANIEL
BOULUD

BIO

EDOUARDO
JORDAN

BIO

DOMINIQUE
CRENN

BIO

STEVE
SALIS

BIO

THOMAS
KELLER

BIO

CAT
CORA

BIO

JEAN-GEORGES
VONGERICHTEN

BIO

JÉRÔME
BOCUSE

BIO

JONATHAN
BASS

BIO

ELI
TENE

BIO

FOUNDING MEMBERS

WOLFGANG PUCK

BIO

DANIEL BOULUD

BIO

EDOUARDO JORDAN

BIO

DOMINIQUE CRENN

BIO

STEVE SALIS

BIO

THOMAS KELLER

BIO

CAT CORA

BIO

JEAN-GEORGES VONGERICHTEN

BIO

JÉRÔME BOCUSE

BIO

JONATHAN BASS

BIO

ELI TENE

BIO