No Coverage For Florida Restaurant’s COVID-19 Losses, 11th Circuit Affirms

Mealey's (May 26, 2022, 12:44 PM EDT) -- ATLANTA — The 11th Circuit U.S. Court of Appeals on May 24 held that a Florida restaurant insured’s “intangible” losses and expenses because of the coronavirus pandemic did not trigger coverage under a commercial property insurance policy, affirming a lower federal court’s ruling in favor of the insurer in a breach of contract and declaratory judgment lawsuit brought by the insured....