Covid BI trial against Liberty Mutual a crucial test of denial of access pushback

24 October 2023

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Several BI cases involving Liberty Mutual are set to be heard together in the coming days to examine the last major coverage point under dispute, namely the non-damage denial of access (NDDA) clauses, which will have a material impact on insurers that provided cover under these clauses.

The case is also crucial to insurers more generally in terms of how furlough payments are treated, with the potential for claims to deteriorate if a decision goes against insurers.

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Covid BI trial against Liberty Mutual a crucial test of denial of access pushback

Several BI cases involving Liberty Mutual are set to be heard together in the coming days to examine the last major coverage point under dispute, namely the non-damage denial of access (NDDA) clauses, which will have a material impact on insurers that provided cover under these clauses.

Fuel a smarter strategy with our actionable market intelligence

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Covid BI trial against Liberty Mutual a crucial test of denial of access pushback

Several BI cases involving Liberty Mutual are set to be heard together in the coming days to examine the last major coverage point under dispute, namely the non-damage denial of access (NDDA) clauses, which will have a material impact on insurers that provided cover under these clauses.

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Fuel a smarter strategy with our actionable market intelligence

Topics

RiverStone books $300mn in pre-tax adjusted profit in 2024

Arch Q1 CoR increases 11.3 points to 90.1% as wildfire losses offset reserve releases

Chaucer’s McLaughlin to exit for Howden Re in Miami

Willis aviation buildout intensifies with Marsh’s Shipman and O’Raidy

Aspen Q1 CoR jumps 9.5 points to 96.1% as company kickstarts IPO

Lack of market balance in cyber re could hinder growth: Howden Re

Aspen aims for valuation of up to $2.9bn as IPO launched