Caesars Entertainment sues insurers for over $2 billion in losses

Caesars Entertainment sues insurers for over $2 billion in losses

Caesars Entertainment – the casino and hotel operator behind Caesars Palace, Bally’s, Harrah’s, Planet Hollywood Las Vegas, and more – is suing its insurers for denying its business interruption claims for over $2 billion in losses due to the COVID-19 pandemic in 2020.

The lawsuit, filed in Clark County District Court on March 19, named 60 insurers which Caesars alleges rejected its claims. The company had about $3.4 billion in insurance policies for catastrophic business losses.

Las Vegas Review-Journal listed some of the names of the insurers involved in the case, which include Ace American Insurance Company,

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