NY Federal Court Denies Business Interruption Insurance Claim

In a recent ruling, the Northern District of New York has determined that a business interruption insurance policy does not cover damages caused by the COVID-19 pandemic, despite contractual terms that specifically cover interruptions from communicable diseases and civil authorities. This controversial ruling puts New York in line with a growing number of jurisdictions that have refused to give a broad interpretation to business interruption insurance terms. However, the existence of those specific terms in this case may leave ground for further litigation. Continue reading “NY Federal Court Denies Business Interruption Insurance Claim”