Policyholder attorneys felt vindicated Wednesday by a Louisiana appellate panel ruling that sided with a New Orleans restaurant in a COVID-19 coverage suit, with one saying it broke the dam for other appellate courts to agree the presence of the virus causes physical loss or damage to property.
South Carolina's top court pressed a sports bar and its insurers Wednesday on what would trigger communicable disease coverage in a dispute that two of the justices hinted may be too policy-specific for the court to consider broadly.
Inflation and supply chain problems put a spotlight on an insurer's ability to depreciate costs of materials and labor in the actual cash value of a homeowner's property damage claim, as the insurance industry awaits the Arizona Supreme Court's ruling on that divisive issue.
The Wisconsin Supreme Court joined other state high courts Wednesday in finding that business losses stemming from the COVID-19 pandemic aren't covered by insurance, according to a ruling that one insurer attorney said "marked the death knell" for pandemic-era business interruption claims.
The Memorial Day holiday weekend is the unofficial start to summer, with planned vacations or staycations filled with days at the pool, travel and barbecues, but these activities include inherent risks that could lead to more insurance claims in the coming sunny months.