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NJ Supreme Court Rules Casino’s Business Interruption Insurance Doesn’t Cover COVID-19 Losses
In AC Ocean Walk v. American Guarantee and Liability Insurance, (A-28-22/087304) (Decided January 24, 2024), the Supreme Court of New Jersey held that the presence of the COVID-19 virus did not constitute the kind of “direct physical loss or damage” required to support a business-interruption insurance claim. Facts of AC