Monday, August 23, 2021

Carrier Prevails in Covid-19 Business Interruption Coverage Case

In the case of Spector Gadon Rosen Vinci P.C. v. Valley Forge Insurance Company, May Term 2020, No. 1636 (C.P. Phila. Co. June 17, 2021 Padilla, J.), the court granted summary judgment in favor of a carrier in a COVID-19 business interruption coverage case.

The court ruled that the record before it confirm that the law firm did not sustain any direct physical loss due to the pandemic closures and, as such, the law firm was not entitled to business interruption coverage.

The court also found that various exclusions under the policy applied.

Anyone wishing to review a copy of this decision may click this LINK.

Source: “Digest of Recent Opinions.” Pennsylvania Law Weekly (August 10, 2021).

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.