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The plaintiff's attorneys said the award is part of a trend of juries across the state becoming increasingly open to awarding sizable verdicts.

Fifth Circuit Judge James Ho asked whether to apply the coverage provision or enforce the exclusion since both provisions together are incompatible.

The Arizona Supreme Court held that state law mandates that a single auto insurance policy that insures multiple vehicles provides different uninsured motorist coverages for each vehicle.

On the trial's third day, the plaintiff's lawyer made a discovery that 'flipped the case' and led the defendant to settle for 250% of its $1M policy.

"A plain reading of the policy provides that the parties intended to exclude coverage for COVID-19 related losses like the losses plaintiff allegedly suffered in the immediate case," the court said.

The lawsuit alleges that the 35 linked MSG companies paid "millions of dollars in premiums," but "instead of honoring their obligations, the insurers have paid nothing for the MSG Insureds' losses."

The court ruled on whether there was any physical damage to the properties and if activities designed to prevent the transmission of the coronavirus were 'repairs'.

Allianz Global Risks US Insurance Co. argued the claims at issue do not meet the policy definition of 'securities claims.'