N.C. Judge: Restaurants Incurred ‘Direct Physical Loss’ From Coronavirus Shutdowns

Mealey's (November 2, 2020, 1:14 PM EST) -- DURHAM, N.C. —A North Carolina judge on Oct. 7 granted restaurant insureds’ motion for partial summary judgment in finding as a matter of law that their “all-risk” insurance policies provide business income and extra expenses coverage for their loss of use and access to insured property mandated by the government response to the novel coronavirus pandemic (North State Deli, LLC, et al. v. The Cincinnati Insurance Company, et al., No. 20-02569, N.C. Super., Durham Co.)....