Sir Speedy Insurer Refuses to Pay Loss-of-Business Claim in Aftermath of Boston Marathon Bombings
The latest legal drama in the aftermath of the Boston Marathon bombings is unfolding in federal court, and it doesn’t concern the suspect or his friends—this fight is over insurance.
Sir Speedy Printing, a Boylston Street business that closed for two weeks after the attack, is asking its insurance company to make good on its terrorism policy. Federal law and an alleged contractual ambiguity, however, has the insurance company—Public Service Mutual—telling the aggrieved business it’s out of luck.
Sir Speedy is asking that Public Service Mutual pay out $940,000 for revenue it lost during the months after the attack.