Caesars Sues More Than 36 Insurers Over $2B Virus Loss
Gaming industry giant Caesars Entertainment Inc. has brought more than 36 property insurers to Nevada state court, alleging the carriers should pay for its over $2 billion in pandemic-related losses after it gave COVID-19 sick pay to over 15,000 employees and had more than 2 million cancellations.
Source: law360.com