A recent New Jersey Appellate Division ruling follows the general trend nationally in which courts are, by and large, rejecting insureds’ claims for coverage for business income losses due to government orders related to...more
The Southern District of New York recently held that a contamination exclusion was ambiguous in the context of Covid-19-related business interruption losses. Accordingly, the court held that the issue was inappropriate to...more
4/16/2021
/ Business Interruption ,
Business Losses ,
Commercial Insurance Policies ,
Contamination ,
Coronavirus/COVID-19 ,
Denial of Insurance Coverage ,
Infectious Diseases ,
Insurance Claims ,
Insurance Litigation ,
Policy Exclusions ,
Policy Terms
A trial level court in North Carolina recently found coverage under first-party property insurance policies for the insured restaurants’ COVID-19-related business income losses. In North State Deli, LLC et al. v. Cincinnati...more
The novel coronavirus 2019 (COVID-19) has disrupted events, supply chains, sales, and entire industries. As a result, businesses will likely look to their property insurers to recuperate lost business income, as well as...more
3/16/2020
/ Business Disruption ,
Business Interruption ,
Business Losses ,
China ,
Coronavirus/COVID-19 ,
Crisis Management ,
Infectious Diseases ,
Insurance Claims ,
Liability Insurance ,
Policy Exclusions ,
Policy Terms ,
Property Damage ,
Public Health ,
Third-Party Liability