Insurer Accuses Art Gallery Of ‘Misdirection’ In Coronavirus Coverage Dispute

Mealey's (May 20, 2021, 4:00 PM EDT) -- NEW YORK — An insurer in a May 7 appellee brief asserts that New York law is settled on the meaning of “direct physical loss” and that the several pages an art gallery insured “devotes to cites from jurisdictions far and wide is nothing but an exercise in misdirection” and asks the Second Circuit U.S. Court of Appeals to affirm a lower federal court’s dismissal of the insured’s complaint for failing to assert facts establishing “direct physical loss of or physical damage to” its gallery....