Stay updated with breaking news from Rococo Steak. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Eleventh Circuit on Thursday mostly upheld the dismissal of lawsuits lodged against certain underwriters from Lloyd's of London, Aspen Specialty Insurance Co. and other insurers by businesses seeking coverage for COVID-19 losses, saying the virus didn't cause physical damage as required by the policies.
A federal appeals court Thursday rejected arguments by Florida restaurants and a furniture retailer that insurance policies should have covered losses stemming from shutdowns early...
A federal appeals court Thursday rejected arguments by Florida restaurants and a furniture retailer that insurance policies should have covered losses stemming from shutdowns early in the COVID-19 pandemic.
ADVERTISEMENT Trade Groups Urge 11th Circ. To Toss Florida Virus Suit Law360 (July 19, 2021, 9:16 PM EDT) -- Two of the largest insurer trade groups in the country warned the Eleventh Circuit that overturning a COVID-19 coverage ruling in favor of Aspen Specialty Insurance Co. would threaten the solvency of the entire insurance industry, according to an amicus brief filed Friday. The American Property Casualty Association and the National Association of Mutual Insurance Companies told the appellate court that it should uphold a Florida district court's ruling that Rococo Steak LLC of St. Pet...
Aspen Specialty Insurance Co. urged the Eleventh Circuit on Thursday to back its win against a Florida steakhouse's COVID-19 business interruption coverage suit, pointing out that property insurance policies are not designed to extend to coverage against pandemics.