Federal courts in NY, NJ turn away Covid BI claims
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free trial
  • Log in

Federal courts in NY, NJ turn away Covid BI claims

Business closed sign Covid.jpg
Photo: Alamy

Three federal judges this week turned away suits demanding insurers pay claims for business losses related to pandemic lockdowns, adding to a growing pile of case law that applies virus exclusions and other provisions to the government-mandated closures.

US District Judge Gary Brown found in favor of Nationwide and The Ohio Casualty Insurance Co in a judgment on combined cases where the business owners claimed their all-risk policies should apply to their lockdown-related losses.

The

Subscribers, log in here:

Fuel a smarter strategy with our actionable market intelligence

      • Gain a competitive edge and accelerate decision-making
      • Be empowered by insights that transform confusion to clarity
      • Uncover growth opportunities and prepare for potential threats
      • Fuel a smarter strategy for business growth
Gift this article