2nd Circuit:  Insured Fails To Allege Direct Physical Loss, Damage To Trigger Coverage

Mealey's (March 23, 2022, 12:33 PM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on March 18 affirmed a lower federal court’s ruling in favor of an insurer in a coronavirus coverage lawsuit, finding that the insured alleges only a loss of use of property with respect to its food-service establishments, which does not constitute an “actual physical loss of” property....