(January 10, 2022, 9:29 AM EST) -- NEW ORLEANS — No coverage is owed to insured restaurant owners for business losses incurred as a result of the governmental shutdown orders issued in the wake of the COVID-19 pandemic because the restaurants did not sustain a direct physical loss to their properties, a Louisiana federal judge said Dec. 20 in dismissing the lawsuit seeking coverage and penalties for the insurers’ alleged bad faith denial of their coverage claim....