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The note is included as an exhibit in a recent BI claim filed against the carrier. -
The trade body says the proposed legislation would drive up the cost of insurance and litigation in the state.
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The carrier’s CEO says the pace of new lawsuits against the carrier is now largely in line with its peers.
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The firm seeks to partially claw back losses from the cancellation of 15 million event tickets and the postponement of ~6,000 shows.
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The mean value rose to $44mn over the period, up from $28mn in 2019.
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District Judge Elaine Bucklo granted The Cincinnati Insurance Company’s motion to dismiss the case.
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Judges at New Jersey’s Supreme Court say the transit’s cover should not be curtailed by a $100mn flood sub-limit.
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The utility did not disclose which insurers would receive payments.
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District Judge Dolly Gee granted a motion to dismiss, citing virus exclusions.
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Henderson Road Restaurant Systems filed suit after having its Covid-19 BI claim denied in March.
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Labor law expert Evandro Gigante says companies face difficult choices in how to respond to employees that cannot, or refuse, to receive a shot.
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Bloomberg Law reports that a settlement would bring litigation in Virginia and Delaware to a close.
