After Tanger submitted its claims, both ACE and Liberty Mutual denied coverage. The insurers asserted that Tanger had not established any direct physical loss or damage to property and that the claimed losses were excluded under the policies. Tanger, in response, pointed to the language in its policies, which insured “against all risks of direct physical loss of or damage to property described herein.” The policies did not contain a choice of law provision specifying which state’s law would apply to coverage disputes, but did include a clause stating that the insurer would submit to the jurisdiction of any competent