Fourth Circuit Rules “Direct” Not Ambiguous; No Coverage for Contingent Business Interruption Loss
By EsqSocial Corporation 27/02/14
In a rare case interpreting insurance coverage for contingent business interruption (CBI), the Fourth Circuit recently held that the term “direct” is not ambiguous as it relates to determining who is a “direct” supplier of the insured. This ruling,...
By: Nelson Levine de Luca & Hamilton