Factory Mutual Wins COVID-19 Insurance Dispute At 2nd Circ.
By Brian Steele ( February 23, 2023, 7:47 PM EST) -- The Second Circuit ruled that Factory Mutual Insurance Co. is not required to indemnify the global manufacturer ITT Inc. against business interruptions due to COVID-19 or cover additional health and safety measures under its "all risks" policy, marking another courtroom victory for insurance companies facing claims for virus-related losses from commercial clients....
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