DOES ‘MIKE’S MEET MARKET’ HAVE COVERAGE FOR THIS LOSS?
Present answer: Don’t know. Hard to tell. No rock-solid, damn-certain Texas precedent. Lots of business, economic, political opinions floating about, some posing as obvious and therefore pseudo-certitudes. Everybody knows this.
Any case decisions anywhere that might give some clues? Yes, but–alas, as one might expect–they are going both ways, though most are saying, “No such coverage.”
Here’s an unusual example: In re Society Insurance Company, COVID-19 Business Interruption Protection Insurance Litigation, MDL No. 2964 (N.D. Ill., February 22, 2021).
Originally posted on 04/10/2021 @ 3:53 am