4th Circuit says virus class action should be dismissed
The 4th Circuit U.S. Court of Appeals Friday said a 2022 ruling finding COVID-19 does not cause physical damage could be used to dismiss a class action against State Farm Mutual Insurance Co....
The 4th Circuit U.S. Court of Appeals Friday said a 2022 ruling finding COVID-19 does not cause physical damage could be used to dismiss a class action against State Farm Mutual Insurance Co....
Article / 1 month ago
Lawyer warns of more covid BI legal action as AFCA ‘slams door' - insuranceNEWS.com.au
An Australian Financial Complaints Authority (AFCA) decision on a covid business interruption dispute has shut the door on many claims and is likely to lead to...
An Australian Financial Complaints Authority (AFCA) decision on a covid business interruption dispute has shut the door on many claims and is likely to lead to...
insurancenews.com.au /
Article / 2 months ago
Casinos Say 'Unique' Policy Should Cover $130M COVID Loss - Law360
A casino operator with properties on the Las Vegas Strip and beyond told a Nevada federal court that its "unique" all-risk insurance is the broadest available coverage and...
A casino operator with properties on the Las Vegas Strip and beyond told a Nevada federal court that its "unique" all-risk insurance is the broadest available coverage and...
law360.com /
Article / 2 months ago
Reinsurers deny WR Berkley can claim indemnity in $90mn Covid case
The firms say no “single aggregating event” caused the losses....
The firms say no “single aggregating event” caused the losses....
Article / 2 months ago
Insurers Reject WRBC Corp.'s $90M COVID-19 Losses Claim - Law360
A group of underwriters and insurance companies have denied they owe at least $90 million claimed by a Lloyd's of London syndicate to cover COVID-19...
A group of underwriters and insurance companies have denied they owe at least $90 million claimed by a Lloyd's of London syndicate to cover COVID-19...
law360.com /
Article / 2 months ago
Westport Insurance victorious in NY business interruption case
The New York State Court of Appeals, NY's highest court, has affirmed the Appellate Division's order in the COVID-19...
The New York State Court of Appeals, NY's highest court, has affirmed the Appellate Division's order in the COVID-19...
Article / 2 months ago
Covid “Catastrophe” Triggers BI Reinsurance
The first UK court ruling on the reinsurance of Covid-19 losses has confirmed coverage under excess...
The first UK court ruling on the reinsurance of Covid-19 losses has confirmed coverage under excess...
Article / 2 months ago
Markel, Covéa win against reinsurers in BI dispute
UK court resolves both appeals with single judgment...
UK court resolves both appeals with single judgment...
Article / 2 months ago
Court Says 'Catastrophe' Applies In COVID Reinsurance Cases - Law360
A London court has allowed insurers to make claims under reinsurance contracts for business interruption losses claimed during the COVID-19 pandemic, saying that the outbreak of an infectious disease constitutes a "catastrophe" under the policy wording.
A London court has allowed insurers to make claims under reinsurance contracts for business interruption losses claimed during the COVID-19 pandemic, saying that the outbreak of an infectious disease constitutes a "catastrophe" under the policy wording.
law360.com /
Article / 2 months ago
Appeals Court Upholds Insurers' COVID-19 Coverage Win - Law360
A Texas state appeals court upheld on Tuesday a decision that a pollution and contamination exclusion prevents coverage for Baylor College of Medicine's COVID-19-related losses.
A Texas state appeals court upheld on Tuesday a decision that a pollution and contamination exclusion prevents coverage for Baylor College of Medicine's COVID-19-related losses.
law360.com /
Article / 2 months ago