3rd Circuit Rules For Insurers In Consolidated Appeals Of COVID-19 Coverage Suits

Mealey's (January 9, 2023, 2:26 PM EST) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals rejected insureds’ 14 consolidated appeals of lower federal courts’ dismissals of their lawsuits seeking coverage for their business interruption losses caused by the novel coronavirus and the subsequent shutdown orders, holding that the insureds’ loss of use of their properties’ intended business purposes is not a physical loss of property to trigger business income or extra expense under their respective policies....