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 …
Multiple hedge funds are making long shot bets on COVID-19 business-interruption claims, despite a long string of losses in state and federal courts, according to a report by Wall Street Journal. The newspaper, citing anonymous sources, reported Thursday that Avenue …
A recent Law 360 article1 highlights the Medical Society of New Jersey’s (“Society,” or “MSNJ”) arguments in two COVID-19 business interruption cases, offered as amicus or “friend of the court” submissions designed to purportedly allow a complete presentation of the …
DOVER, Del. (AP) — A federal judge has granted class-action status in a lawsuit in which current and former students of the University of Delaware claim the school breached contractual obligations and unjustly enriched itself by halting in-person classes and …
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 New York federal judge has refused to lower the curtain on a COVID-19 business loss claim by the owner of five Broadway theaters because the entertainment insurance policy language is ambiguous as to whether the theater suffered one loss …
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 …
Government orders that restricted access to non-essential businesses during the early days of the COVID-19 pandemic were not “quarantines” that require a travel insurer to reimburse policyholders who did not get full use of their ski passes, a panel of …
A report released this month by New York State Insurance Fund found that 31% of workers who filed claims for COVID-19 continued medical treatment or took time off work more than 60 days after the initial infection. NYSIF’s report is …