June 2024 Insurance Update

Most pandemic-related businesses interruption insurance claims failed because policyholders could not show a direct physical loss. But some California courts issued conflicting decisions. The California Supreme Court has now clarified California law and joins the majority of jurisdictions finding no coverage for these types of claims.

A scooter rider sought PIP benefits under New Jersey’s No-Fault Act. The New Jersey Supreme Court had to decide whether he qualified as a “pedestrian.”

The Fifth Circuit considered whether a suit over the theft of Bitcoin asserted a claim for negligence, while an Indiana federal court assessed the effect a misrepresentation in an insurance application has on coverage under a professional liability policy.

And finally, an intermediate Ohio appellate court determined whether the inferred intent doctrine applies when a company pays a terrorist group a ransom to protect its employees.

We hope you find these cases interesting and informative.

Rob Tugander and Greg Mann