Huntington Ingalls Industries Inc. convinced Vermont‘s Supreme Court to revive the shipbuilder‘s lawsuit to get Covid business interruption coverage from Chubb Ltd., Berkshire Hathaway and other insurers, resulting in the first state high court ruling that sides with a policyholder in the hotly contested issue nationwide.
The Vermont Supreme Court said in a 3-2 ruling that Huntington Ingalls, the largest shipbuilder in the US, showed that droplets from Covid-infected employees could damage surfaces and cause property damage as required to obtain coverage under its insurance policy. The court’s decision allows Huntington Ingalls to revive its lawsuit in a lower court, ...
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