Panel: Eye-Care Provider Fails To Allege Direct Physical Loss, Damage To Property

Mealey's (March 7, 2022, 9:24 AM EST) -- CINCINNATI — The Sixth Circuit U.S. Court of Appeals on March 2 held that an eye-care provider insured failed to allege any direct physical loss of property or physical damage to its  property to trigger coverage for its more than $2 million in expected losses due to its decision to shut down operations in response to the coronavirus pandemic, affirming a lower federal court’s grant of the insurer’s motion for judgment on the pleadings....