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Insurance policy does not cover $150 million-plus in losses to Carilion, company says


An insurance company says a policy held by Carilion Clinic does not cover losses from the coronavirus pandemic, which the health care system claims were in excess of $150 million.
American Guarantee and Liability Insurance Co. is asking a judge to dismiss a lawsuit Carilion filed against it in March.
AGLIC “turned its back on Carilion” by declining to fulfill its obligations under a property insurance policy that should have covered lost business and other damages caused by the public health crisis, according to the lawsuit.
But in a response filed late Monday in Roanoke’s federal court, the company maintained that its policy applies to physical damage to property, such as that caused by a fire, flood or hurricane. ....

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Hotels, Restaurants Can't Revive $40M Virus Coverage Suit


Hotels, Restaurants Can t Revive $40M Virus Coverage Suit
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Law360 (May 24, 2021, 7:38 PM EDT) ....

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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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