Cincinnati Insurance Co. News

Ordinance-or-Law Endorsement Entitles Mall Owner to Roof Replacement, 8th Circuit Says

The ordinance-or-law endorsement in a commercial property policy may require Cincinnati Insurance Co. to pay $1.3 million to replace a roof that suffered only $23,000 in tornado damage. A panel of the 8th Circuit Court of Appeals on Thursday reversed …

Ohio High Court Hears Lawsuit Over Company’s COVID Losses

COLUMBUS, Ohio (AP) — An Ohio business says its insurance company must compensate it for financial losses suffered during a pandemic-related shutdown. The insurance company refused to pay, saying its policy didn’t cover such losses. The Ohio Supreme Court heard …

Jury Finds in Favor of Insurer in COVID-19 Business-Interruption Claim

A Kansas City jury decided in favor of the insurer in the nation’s first jury trail of a lawsuit that sought coverage for business-interruption losses caused by the coronavirus. The jury for the U.S. District Court for Western Missouri on …

Kansas City COVID Business Interruption Claim Cleared For Trial

A federal judge in Kansas City has cleared a restaurant group’s COVID-related business interruption claim for jury trial, finding that an 8th Circuit Court decision that found no coverage was owed in a separate case does not apply to a …

11th Circuit Adds to Plaintiff Losing Streak for COVID Business Interruption Claims

Another federal appellate court has ruled against a policyholder who sought coverage for business interruption losses caused by coronavirus restrictions, siding with the vast majority of federal judges in ruling that SARS-CoV-2 does not cause a direct physical loss or …

Insurers Chalking More Early Wins in COVID-19 Business-Interruption Suits

Insurers have succeeded in dismissing COVID-19 business-interruption lawsuits in 17 out of 23 cases heard so far, with a growing number of judges finding that some tangible alteration of a property is required to trigger coverage under commercial property policies. …

Panel Rejects Petitions to Consolidate COVID-19 Business-Interruption Claims

A federal court on Wednesday rejected two separate petitions to consolidate lawsuits filed by policyholders against insurers that denied COVID-19 business-interruption claims under a single judge, but said it might approve consolidation of other actions that make similar claims against …