Coverage Barred For Coronavirus Losses Incurred By Racetrack Operator

(September 15, 2022, 12:00 PM EDT) -- PHILADELPHIA — A Pennsylvania federal judge on Sept. 12 granted a commercial property insurer’s motion for judgment on the pleadings after determining that no coverage is owed to the insured for business losses sustained during the COVID-19 pandemic because the policy’s contamination exclusion precludes coverage and because the insured did not sustain a direct physical loss to covered property as required for coverage to exist....