Capri Holding Ltd. v. Zurich American Ins. Co et. al.
Court: Superior Court of New Jersey Appellate Division
Case Number: A-003551-20
In its amicus curiae brief, UP supports coverage for an insured’s business interruption losses related to the SARS-CoV-2 virus and COVID-19. UP argues that decades of case law demonstrate what the insurance industry and policyholders have long known: that “all risks” insurance policies protect insureds against a broad range of perils including carbon monoxide, odors, and viruses such as the one that causes COVID-19. UP also argues that the insurance industry is enjoying record profits and the court should not be swayed by self-serving warnings that requiring insurance companies to pay what they owe will bankrupt the industry.
Richard Lewis of Reed Smith; Lorelie Masters, Kevin Small, Sima Kazmir of Hunton Andrews Kurth