Class action lawsuit filed against insurers refusing to pay business interruption insurance
A Regina business owner is at the centre of a national class action lawsuit filed Friday against indemnity insurers refusing to cover losses during the COVID-19 pandemic.
Thomas Siarkos, owner of Memories Fine Dining in Regina, alleges his insurance providers are not paying business interruption insurance, claiming that a global pandemic isn’t covered in his policy.
“I have purchased insurance since day one for my place in order to be able to protect myself and my staff,” Siarkos, who opened the restaurant in 1989, said.
“I was told although that the pandemic is not listed in the policy, that I wasn’t able to collect any lost business.”