New decision in John's Grill case sets new precedent for insurance policyholders - San Francisco Business Times

  • 📰 SFBusinessTimes
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 68%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

It's a major win for businesses combatting perceived empty promises from insurance policies.

A newly published decision by California's Court of Appeal in a case brought by San Francisco's John's Grill represents a major win for businesses over insurers in the Covid era.John's Grill, Inc. vs. Hartford Financial Services Group

Andrew Kirtley, part of the team of lawyers representing John's Grill in the case for Cotchett, Pitre & McCarthy LLP, said the new ruling has implications for potentially thousands of businesses around California.

"The test for illusory coverage must focus on objective reality and the insured's reasonable expectations of coverage," wrote the court."Insurers cannot take in premium for a coverage grant that names a specifically covered risk — here virus contamination — and then justify denying coverage for it under all circumstances because some other risk may be covered under the same coverage grant.

"You think, am I losing my touch here? But you just got to press on," he said."You're fortunate when you get an opinion that absolutely vindicates everything that you've been arguing."substantial

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 78. in İT

Italia Ultime Notizie, Italia Notizie