June 06, 2022
The Eighth Circuit affirmed a Liberty Mutual unit's win Monday in a coverage dispute with sandwich shop operators over pandemic-related losses, following courts around the country in finding that policies covering direct physical loss or damage require a tangible alteration to property.
April 29, 2022
A sports and entertainment real estate developer asked the entire Fourth Circuit to rehear its $500 million appeal once Maryland's high court addresses a COVID-19 coverage question from another policyholder.
April 14, 2022
A sports and entertainment real estate developer lost its $500 million appeal for coverage of its pandemic losses when a Fourth Circuit panel ruled Thursday that the developer failed to show any material destruction or harm to its properties.
December 14, 2021
Nonprofit advocacy group United Policyholders backed a sports and entertainment real estate developer in its Fourth Circuit COVID-19 coverage appeal, arguing a lower court conflated "physical loss" and "damage" in an Affiliated FM policy.
November 30, 2021
A sports and entertainment real estate developer asked the Fourth Circuit to reverse a lower court's dismissal of its COVID-19 insurance suit, arguing that its policy with Affiliated FM did not require a structural alteration for its properties to receive coverage.
October 20, 2021
The Fourth Circuit declined Wednesday to certify to Maryland's highest court questions of whether the coronavirus causes physical damage required for property insurance coverage, dealing a defeat to a real estate developer appealing its virus coverage suit.