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Wolfgang Puck urges coronavirus relief for restaurants: Insurers refuse to pay
Wolfgang Puck: Insurers refuse to pay during coronavirus
Legendary Chef Wolfgang Puck discusses his concerns over struggling restaurants and interconnected businesses, as well as insurance companies’ inability to pay what’s due during coronavirus.
World-renowned chef Wolfgang Puck is fed up with a lack of funding being provided to restaurants while the coronavirus pandemic weighs heavily on the industry.
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Puck told FOX Business’ Stuart Varney on Wednesday that many restaurants and small businesses are insured against crises like coronavirus, but many insurers are refusing to pay.
“All the smaller retailers, like 30 million people, paid the insurance over so many years and [insurers] now refuse to pay business interruption,” Puck said. “And for us, that's really an important part … if they would pay up and own up to their commitment.”
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President Trump on Sunday said he spoke to Puck about providing aid to the restaurant industry and said he’s been directed to use “any and all authority available” to incentivize restaurants to stay open.