Coronavirus Losses Not ‘Physical Damage’ Under Business’s Policy, Judge Rules

Mealey's (April 8, 2022, 11:22 AM EDT) -- SACRAMENTO, Calif. — A California federal judge on April 4 dismissed without leave to amend a retail chain’s claims against its insurer including for violation of California’s unfair competition law (UCL) by denying its claims for coronavirus shutdown-related damages, finding that the business didn’t suffer physical damages and that the policy’s exceptions included damage caused by fungus, rot “or virus.”...