Houston businesses are taking their insurance companies to court.
Many local business owners argue it's their insurers who owe them for losses caused by the pandemic shutdowns. Earlier in October, the Houston Livestock Show and Rodeo took their insurance to Harris County District Court, arguing they're “all risk” policy means they’re owed 79 million dollars.
“Businesses have been suffering for six, seven, eight months, and they’ve look to the government for assistance, anywhere and everywhere,” Houston restaurant consultant Jonathan Horowitz said.
He adds the hospitality industry continues to be hurt by the shutdowns and limited re-openings. Many say it's a bad situation all around, because if the courts force insurance companies to pay up, they could all go out of business.