Bloomberg Law
Aug. 20, 2020, 6:19 PMUpdated: Aug. 20, 2020, 8:56 PM

Life Time Fitness Sues Zurich Over ‘Measly’ Virus Coverage (1)

Jacob Rund
Jacob Rund

Life Time Inc. is suing its insurer for full coverage of more than $200 million in alleged losses from numerous gym closures mandated by states in the wake of the coronavirus pandemic.

The $1 million Zurich American Insurance Co. offered under an “interruption by communicable disease” provision of its policy represents a “measly” 0.28% of the policy’s overall limit of $350 million, Life Time said in a complaint filed Wednesday in Minnesota state court. The policy encompassed roughly 150 gyms across the country, according to the complaint.

Life Time’s lawsuit is one of hundreds filed by companies large and small ...

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