The 10th Circuit U.S. Court of Appeals recently affirmed the ruling of the lower court and held that an insurer can recover an underlying settlement that it made on behalf of its insured as fraud damages, effectively avoiding a bad faith claim.
Subscriber questions if there would be coverage under a specific CGL policy for liability resulting from coronavirus (COVID-19).
FORM - Business Interruption: Limited Coverage for Certain Civil Authority Orders Relating to Coronavirus (Including Orders Restricting Some Modes of Public Transportation).
Discusses NJ bill that would require carriers to pay business interruption claims to small companies for closures due to the virus.
FORM: Business Interruption Limited Coverage for Certain Civil Authority Orders Relating to Coronavirus.
FORM: Business Interruption Limited Coverage for Certain Civil Authority Orders Relating to Coronavirus.