This decision seems to be the first known victory for policyholders in suing their insurers for improperly denying claims related to losses caused by the shutdowns due to COVID-19.
The Delaware Supreme Court on Wednesday heard argument in a case questioning whether passengers injured in a car crash can be eligible for multiple types of insurance benefits.
The state House of Representatives is considering a similar bill which was also introduced on Monday, H.B. 8008.
Although the Judge found that there was no 'direct physical loss' for COVID-19 closures, the decision comes with some limitations.
News from IAT Insurance Group, Valkyrie, Sapiens, and more.
Risk management experts can now capitalize on scientifically supported insights into wildfire mitigation, monitoring, reporting and response.
Protests have erupted across Lebanon with people demanding answers for the deadly calamity that has devastated Beirut.
The tool features a dozen different metrics and several areas of analysis for the user to explore and use for analysis.
"Defendants may not evade legislative mandates merely because their businesses are so large that they affect the lives of many thousands of people," wrote Judge Ethan Schulman in an order Monday.
Only about 2% of pet owners have pet insurance, despite potential monumental costs each year.