Insurance Update-July 2020

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We bring you our July Insurance Update.

Perhaps the biggest news this month comes out of Michigan.

At a Zoom hearing on July 1, a Michigan Circuit Court judge became the first to hand down a decision on whether business interruption losses caused by COVID-19 are covered. In Gavrilides Mgmt. Co. v. Michigan Ins. Co., the court ruled that a claim alleging loss of business due to shutdown orders was not covered because the complaint contained no allegations of “direct, physical loss or damage ” to the insured’s restaurants...

Please see full Update below for more information.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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