A California appellate court ruled again Monday that the SARS-CoV-2 virus can cause direct physical loss or damage to property, notching a rare policyholder for a real estate business seeking coverage for business income lost because of the COVID-19 pandemic. …
An owner of Broadway theaters and Pacific Indemnity Insurance Co. have voluntarily agreed to end their remaining litigation over COVID-19 coverage claims. Under the stipulation filed May 11, each party will bear its own attorneys’ fees and other costs. The …
The New Hampshire Supreme Court has overturned a trial court that had found for a group of 23 hotels claiming they were entitled to insurance payments for business interruption losses caused by contamination of their properties by COVID-19. Agreeing with …
The Louisiana Supreme Court has joined state high courts across the nation in rejecting a policyholder’s business-interruption claim for income lost because of government restrictions imposed to slow the spread of COVID-19. The high court on Friday reversed the Louisiana …
A Massachusetts hospital has been denied its insurance claim for Covid-19 related costs and lost revenues under business interruption and disease contamination provisions of its property insurance policies. U.S. District Judge Nathaniel M. Gorton of the federal court in Boston …
Ken’s Foods would likely have filed a $10 million business-interruption claim had it not spent $2 million to upgrade its wastewater treatment system, the company’s lawyer says. That doesn’t mean its insurer has a common-law duty to reimburse the company …
The Maryland Supreme Court joined high courts in 10 other states in ruling that coronavirus did not cause a direct physical loss or damage covered by an all-risk commercial property policy. The high court on Thursday released a unanimous decision …
The Ohio Supreme Court ruled Monday that COVID-19 cannot cause any direct physical damage or loss that is covered by a commercial property insurance policy, joining nine other state high courts that have rejected similar business-interruption claims. The Ohio court …
Producers of a Broadway play based on the life of pop star Tina Turner, which was shut down because of COVID-19, may pursue its business-interruption claim despite a communicable disease exclusion in the policy, a New York appellate court ruled. …
A Pennsylvania appellate court ruled Wednesday that a dental practice was entitled to coverage for income lost because of the state’s COVID-19 shutdown, but a tavern was not. Policy language made all the difference in outcomes of the separate Superior …