Affiliated FM Insurance Co. paid a group of Augusta University hospitals the maximum amount due under the policies' communicable disease coverage, a Georgia federal court ruled, finding that the group was entitled to a single global payment regardless of how many locations had the actual presence of COVID-19.
Companies that lost business during the pandemic await a Maryland high court decision on whether their financial hit was insured as “physical damage."
A manufacturer of commercial refrigeration systems is responsible for $2 million in damages for a fire at a grocery store, Affiliated FM Insurance Co. told an Arizona federal court, saying a product defect and the company's negligence resulted in extensive damage to the store.
A group of Augusta University hospitals can't yet prove the actual presence of the coronavirus to trigger communicable disease coverage with Affiliated FM Insurance Co., a Georgia federal judge ruled Tuesday, also saying the reasoning behind hospital orders restricting access to parts of the premises wasn't clear.
Along with seeking to analogize COVID-19 physical loss or damage to that in the fumes or contaminants context, policyholders are now also attempting to rely on cases discussing the.