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The South Carolina Supreme Court on Wednesday became the fourth state high court in the nation to rule that the virus that causes COVID-19 cannot cause a direct physical damage or loss covered by a ...
There is a hole in the dam. Prior to June 14, every one of the 77 federal and 44 state court appellate decisions interpreting the meaning of "direct physical loss or damage" in a standard-form ...
The medical profession in New Hampshire is accusing the insurance industry of using "junk science" in justifying its denials of COVID-related business insurance claims. In an amicus brief in a case ...
The attorney who filed the first U.S. lawsuit seeking insurance coverage for a business shut down because of coronavirus won the first policyholder victory in a state or federal appellate court that ...
The U.S. Supreme Court decided Monday that it will not hear an appeal of a decision that denied coverage for losses caused by COVID-19 shutdown orders, effectively closing the last door for such ...
Growing cyber perils are worrying more companies globally in 2022 than the threat of supply chain disruptions, natural disasters or even the COVID-19 pandemic, according to the Allianz Risk Barometer ...
In four separate decisions, a panel of the 7th Circuit Court of Appeals joined four other federal appellate courts in ruling that SARS-CoV-2 does not cause a direct physical loss or damage that ...
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. ...
During the COVID-19 crisis, global cyber attacks skyrocketed in a digital pandemic driven by ransomware, according to a report published by Allianz Global Corporate & Specialty (AGCS). Further, ...
A federal appellate court reversed a rare policyholder win in a COVID-19-related business interruption claim, once again holding that government orders that restrict the use of a property do not ...
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