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Federal Appeals Court Upholds Denial of ITT’s Covid-19 Insurance Claims

February 24, 2023

Global corporation ITT has again been denied coverage under its “all-risk” policy for business costs and losses it sustained due to Covid-19.

The Second Circuit Court of Appeals has affirmed a ruling by the federal district court for Connecticut that ITT failed to show any “physical damage” or “physical loss or damage,” due to Covid-19 as required to trigger coverage under its Factory Mutual Insurance Co. policy.

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