Maryland Court to Decide if Pandemic Requires Insurers to Cover Businesses

2022-09-12 20:50:37

ANNAPOLIS, Md. — Maryland's high court is expected to rule soon on whether insurers for corporations whose businesses suffered because of the COVID-19 pandemic must cover the lost income. On Friday, the Maryland Court of Appeals heard arguments from fashion... Read More

Litigation

Restaurants Sue Insurance Companies for Business Losses from Pandemic

2020-05-05 14:56:41

by Tom Ramstack

WASHINGTON - Restaurants are filing a surge of lawsuits against insurance companies as they seek coverage for business interruptions during the coronavirus shutdown. The insurance companies say their business interruption policies grant them exemptions for viruses that cause no physical... Read More

Supreme Court

Supreme Court Rules Insurers Can Collect $12 Billion From Congress for ACA Losses

2020-04-27 17:07:10

by Dan McCue

WASHINGTON - The U.S. Supreme Court ruled Monday that Congress acted unlawfully when it reneged on a commitment to shield Affordable Care Act insurers from financial losses in the early years of its implementation. In an 8-1 ruling, the justices... Read More