Filed Under:Agent Broker, E&S/Specialty Business

Contingent BI Claim Fails Where Loss Did Not Stem from 'Direct' Supplier

The U.S. Court of Appeals for the Fourth Circuit, reversing a district court decision, has ruled that a titanium dioxide processor was not entitled to contingent business interruption (CBI) coverage for losses it had suffered when it had to close down its processing facility, where the losses did not stem from a “direct” supplier.


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