3rd Circuit Affirms Ruling In Favor Of Insurer In Coronavirus Coverage Suit

Mealey's ( June 10, 2025, 11:03 AM EDT) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on June 9 affirmed a lower federal court’s ruling in favor of an insurer in coronavirus coverage disputes that were consolidated on appeal, ruling that under New Jersey law, insurance policies that insure “physical loss or damage” do not cover financial losses that were imposed by mandates in response to the coronavirus pandemic....