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Coronavirus is a Direct Physical Loss Triggering Event

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By Gary Thompson

Gary Thompson provides an expert analysis in Law360.

Hundreds of billions of dollars in business interruption coverage will turn on how courts resolve whether COVID-19 is a direct physical loss. The insurers are fast circling the wagons to argue that it is not, as argued in the April 6 Law360 guest article “Coronavirus Is Not A Direct Physical Loss Triggering Event.”