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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. Petersburg, Florida, did not suffer physical loss or damage from the virus.