Gallery: Court Erred In Accepting Insurer’s ‘Self- Serving’ Policy Interpretation

Mealey's (May 11, 2021, 3:10 PM EDT) -- NEW YORK — A Manhattan-based art gallery tells the Second Circuit U.S. Court of Appeals in an April 2 brief that a lower federal court committed reversible error in its interpretation of an all-risk business owners insurance policy because it permitted the insurer to escape liability even though a reasonable interpretation of the policy requires the insurer to provide coverage for its losses arising from the forced cessation of its operations in response to the coronavirus pandemic....