Panel: Insured Asserts Only Losses Arising From Restrictions On Premises Use

Mealey's (April 11, 2022, 1:46 PM EDT) -- NEW YORK — The Second Circuit U.S. Court of Appeals on April 8 affirmed a lower federal court’s dismissal of an insured’s breach of contract lawsuit seeking coverage for its alleged business losses arising from the coronavirus pandemic, finding the insured asserts nothing more than the losses it incurred as a result of restrictions on the use of its business premises....