'Loss Or Damage' Critical To Virus Coverage, Dentist Argues

Eight words — “direct physical loss of or damage to property,” with an emphasis on the “or” — are critical to determining whether businesses should get insurance coverage for losses related to the coronavirus pandemic, the attorney for a Pittsburgh-area dentist told a Pennsylvania state court Wednesday.

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Insurer Ducks Minor League Baseball Teams' Virus Suit

A New Jersey federal judge has handed Arch Insurance Co. a win in a lawsuit by several Minor League Baseball teams who claimed it wrongly denied coverage for COVID-19 related losses, finding the teams failed to allege any physical loss or damage that would trigger their policies.

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