Couch on Insurance News

Policyholders Counting on Calif. High Court for COVID Loss Claims

Courts around the nation have held that SARS-CoV-2 cannot cause direct physical damage or loss to property, but policyholder advocates are hoping the California Supreme Court will turn the tide. In a case that pits a concert organizer against its …

Mass. Supreme Asked if Insurer Must Reimburse Costs that Prevented Larger Claim

Ken’s Foods says it spared its insurer a potential $10 million pollution claim by spending more than $2 million on mitigation costs. It wants that money back. Steadfast Insurance Co. refuses to pay, saying that the policy it issued to …

Calif. Issues 1st State Appellate Ruling on COVID Business Interruption Claim

California handed down the first state appellate court ruling on whether COVID-19 can cause direct physical damage or loss, deciding like four federal appellate courts before that it cannot. A panel of the California 4th District Court of Appeal on …