US EditionNew Jersey Supreme Court to rule on pandemic-related insurance exclusions
- The New Jersey Supreme Court will hear a case brought by the owners of Ocean Casino Resort, who are seeking payouts from business interruption insurance for losses during the COVID-19 outbreak. This case has the potential to provide clarity to policyholders nationwide regarding the scope of coverage for pandemic-related losses.
- The Supreme Court will address questions such as whether the coronavirus physically damaged insured property and whether insurers can legally restrict coverage for pandemic-related losses. This case is a generational legal dispute that needs resolution in order to provide guidance to New Jersey policyholders and insurers.
- The outcome of this case will be significant for hundreds of thousands of affected New Jersey policyholders and insurers. It will determine the extent of coverage for losses arising from the pandemic and could set a precedent for future similar cases.
18 Articles
18 Articles
New Jersey Supreme Court to rule whether Atlantic City casino can get insurance payouts for pandemic losses
New Jersey's Supreme Court is expected to consider whether an Atlantic City casino can get payouts from business interruption insurance for losses during the COVID-19 outbreak, potentially providing guidance for policyholders nationwide regarding the scope of coverage for pandemic-related losses.
New Jersey Supreme Court to rule on pandemic-related insurance exclusions
TRENTON, N.J. (AP) -- New Jersey's Supreme Court is expected to consider whether an Atlantic City casino can get payouts from business interruption insurance for losses during the COVID-19 outbreak, potentially providing guidance for policyholders nationwide regarding the scope of coverage for pandemic-related losses.
New Jersey Supreme Court to rule on pandemic-related insurance exclusions
TRENTON, N.J. (AP) -- New Jersey's Supreme Court is expected to consider whether an Atlantic City casino can get payouts from business interruption insurance for losses during the COVID-19 outbreak, potentially providing guidance for policyholders nationwide regarding the scope of coverage for pandemic-related losses.
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