Coronavirus is a Direct Physical Loss Triggering Event
By Gary Thompson
Gary Thompson provides an expert analysis in Law360.
Hundreds of billions of dollars in business interruption coverage will turn on how courts resolve whether COVID-19 is a direct physical loss. The insurers are fast circling the wagons to argue that it is not, as argued in the April 6 Law360 guest article “Coronavirus Is Not A Direct Physical Loss Triggering Event.”