The owner of fashion giants Versace, Jimmy Choo and Michael Kors is pushing back against its insurers' attempt to toss its coronavirus pandemic coverage suit, saying they're trying to force a requirement of physical alteration to its properties that isn't in its policies.
Health
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2 hours ago
The case brought by Inspira Health Network against American Guarantee and Liability Insurance Company, originally filed in the Superior Court of New Jersey Law Division, Gloucester County, was removed to the District of New Jersey on Wednesday. The case alleges failure to pay under contractual provisions of the business interruption policy due to conditions caused by the COVID-19 pandemic.
Inspira Health Network maintained a business interruption insurance policy with American Guarantee and Liability Insurance Company, according to the filing. Reportedly, the policy, drafted for a medical practice, specifically contained a provision providing coverage for losses caused by communicable diseases, as well as separate provisions that provided coverage for physical loss of access and use of the facility. The complaint noted that the provision for losses caused by communicable disease specifically included losses caused by governmental orders, shutdowns