Firm News
Wiggin and Dana Secures Win for Zurich American Insurance Company in COVID-19 Business Interruption Case
On January 26, 2024, Wiggin and Dana Partners David Roth, Jeffrey Babbin, and Michael Menapace secured a win for Wiggin and Danaโs client Zurich American Insurance Company against a large Atlantic City casino, AC Ocean Walk, LLC, in a COVID-19 business interruption insurance coverage dispute. The decision holds that business losses arising from the COVID-19 pandemic are not โdirect physical loss of or damageโ to insured property within the meaning of commercial property-insurance policies like the one issued to AC Ocean Walk.
The Insurance Journal article titled, “New Jersey Supreme Court Rules Against Casino in COVID Business Interruption Case” discusses the New Jersey Supreme Court’s decision.
To read the article, click here.