By Shawn Rice (April 15, 2022, 7:32 PM EDT) — Two latest courtroom choices out of the mid-Atlantic area “do not bode nicely” for policyholders, in keeping with an lawyer for insurers, because the Virginia Supreme Courtroom refused to listen to a resort administration firm’s virus protection loss case and the Fourth Circuit once more held that pandemic-related losses aren’t lined by insurance coverage insurance policies.
Two courtroom choices on COVID-19 loss protection that went towards the policyholders “do not bode nicely” for policyholders typically who’re attempting to get protection, in keeping with an lawyer for insurers. (AP Picture/Carlos Osorio)
The insurance coverage business had trigger to rejoice as Virginia’s excessive courtroom refused on Thursday to assessment a…
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