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Circular Tracker 3-3-26

A summary of the ISO Circular for March 3, 2026. Circulars provide a wide variety of information from form changes to rules, loss costs, experience reviews, and other information.

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JN Contemporary Art LLC v. Phillips Auctioneers LLC

The U.S. Court of Appeals for the Second Circuit upheld a district court's ruling granting a defendant auctioneer's motion to dismiss, finding the COVID-19 pandemic created "a circumstance beyond the parties' reasonable control" as outlined in the force majeure clause of an agreement for the sale of a painting.

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