N.C. High Court Rules COVID-19 Lockdowns Caused Restaurants’ Direct Physical Loss

Mealey's ( December 16, 2024, 11:31 AM EST) -- RALEIGH, N.C. — The North Carolina Supreme Court on Dec. 13 reversed the judgment of a state appellate court that had reversed a trial court’s grant of partial summary judgment in favor of restaurant insureds in a COVID-19 coverage dispute, concluding that the restaurants’ insurance policies did not “unambiguously bar coverage when government orders and threatened viral contamination deprived the policyholder restaurants of their ability to physically use and physically operate property at their insured business premises.”...