John Adams Courthouse, home of the Supreme Court of Massachusetts, and the Massachusetts Appeals Court. Photo: Swampyank via Wikipedia Mass. High Court: Insurer Has No Duty to Cover Expenses Incurred to Avoid Business Interruption
"To provide for recovery in these circumstances would be to rewrite the insurance contract and reallocate the risks negotiated by the parties," the court said.
January 10, 2023 at 03:05 PM
4 minute read
In response to a certified question by the U.S. Court of Appeals for the First Circuit, the Massachusetts Supreme Judicial Court held that there is no common-law duty for insurers to cover costs incurred by a policyholder to prevent an imminent covered loss.
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