Two MO Universities File Class Action Against Insurer Over Pandemic Losses (Insurance Business)

Two MO Universities File Class Action Against Insurer Over Pandemic Losses

  Tuesday, July 28th, 2020 Source: Insurance Business

Two universities based in the state of Missouri have filed a class action lawsuit against their shared insurer, arguing that the insurance company denied their business interruption claims for losses sustained during the COVID-19 pandemic.

Both Rockhurst University in Kansas City and Maryville University in St. Louis claimed in the lawsuit that insurer Factory Mutual Insurance refused to pay for their losses. The lawsuit also seeks to represent other universities across America whose claims have been denied by Factory Mutual.

With a student population of over 3,000, Rockhurst shut down its campus in mid-March, the lawsuit said. The complaint added that it has since refunded $2.2 million to students in room, board, and fees.

Maryville – with more than 10,000 students – also shut down in mid-March. According to the lawsuit, the university has similarly refunded over $2 million to students.

The universities claim in their lawsuit that Factory Mutual informed them that it would limit payments for pandemic-related claims to “communicable disease” provisions in their insurance policies.

  Read Full Article
SOS Ladder AssistMid-America Catastrophe ServicesNationwide OversprayAll Claims Adjustment Bureau

  Recent Provider Listings

Serving Orange & Surrounding Counties
Florida Contents Inventory And Valuation Services
Serving California & Nevada Statewide
California Adjusters
Serving Florida Statewide
Florida Engineers Forensic Consultants