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Top News In தொழிற்சாலை பரஸ்பர காப்பீடு இணை Today - Breaking & Trending Today

MSG Owner Says Insurers Can't Escape COVID Coverage Suit

MSG Owner Says Insurers Can t Escape COVID Coverage Suit
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Insurer Asks Court To Toss $100M COVID-19 Coverage Suit

Factory Mutual Insurance Co. has asked a Connecticut federal judge to toss Amphenol Corp.'s over $100 million pandemic coverage suit, saying the electronic cable maker failed to allege any presence of COVID-19 on its property to trigger the policy's communicable disease coverage. ....

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NY Federal Court Ignores Uniquely Broad Policy Wording

In New York and elsewhere, however, insurance coverage is not determined based on a scoreboard, It is based on the words and phrases actually used by the parties. Here, the insurer chose all of the words and phrases. ....

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Coronavirus Litigation: The Week In Review

Coronavirus Litigation: The Week In Review
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Lawsuits challenge insurers' refusal to cover pandemic-related losses

issued by Factory Mutual Insurance Co.
The Glassboro school s suit contends its policy covers all risks unless expressly limited or excluded.
Among other claims, it cites financial losses from an almost complete closure of Rowan s multiple locations under pandemic emergency orders. The suit also seeks to recover the cost of reimbursements for students room-and-board expenses totaling in the millions of dollars.
Factory Mutual s parent company, FM Global, said Thursday it is unfortunate when legal matters arise because we strongly believe our insurance policies are clear on the coverage provided.”
Inspira says its policy covers a loss when business activities are suspended by a government agency enforcing any law or ordinance regulating communicable diseases. ....

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