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ITT Inc. v. Factory Mutual Insurance Company
Case Number:
3:21-cv-00156
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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February 23, 2023
Factory Mutual Wins COVID-19 Insurance Dispute At 2nd Circ.
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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May 11, 2022
Factory Mutual Ducks ITT's COVID Coverage Claims
A Connecticut federal judge threw out ITT Inc.'s lawsuit seeking COVID-19 pandemic-related insurance coverage from Factory Mutual Insurance Co., finding the aerospace and industrial components manufacturer couldn't show its properties were physically damaged or altered by the presence of the virus.
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April 05, 2021
Factory Mutual Says ITT's Pandemic Suit Should Be Kicked
Factory Mutual Insurance Co. has asked a Connecticut federal judge to toss ITT Inc.'s $750 million coverage suit for business interruption losses, saying cases across the country had shown neither the presence of the coronavirus nor government shutdown orders cause a "physical loss or damage" to property.
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February 05, 2021
ITT Says Factory Mutual Must Cover Its COVID-19 Losses
ITT Inc. on Friday accused Factory Mutual Insurance Co. of illegally refusing to cover the manufacturing company's tens of millions of dollars in losses stemming from the COVID-19 pandemic, telling a Connecticut federal court that the insurer is attempting to limit its coverage to only a portion of its "all risks" policy.