May 27, 2022
A Miami restaurant and a luxury South Beach hotel failed Friday in their attempts to revive their coverage suits over pandemic-related losses under their commercial property insurance policies, as both the Second and Eleventh circuits found there is no coverage without direct physical loss or damage to the insured's property.
May 10, 2022
The Second Circuit appeared skeptical Tuesday of arguments from a luxury Miami Beach hotel that its pandemic-related losses are covered by a commercial property insurance policy with or without physical damage to the premises.