A Baylor College of Medicine building, photographed Wednesday, July 22, 2020, at the Texas Medical Center in Houston.Baylor College of Medicine won a $48.5 million award after a Harris County jury found that losses incurred by the medical school in the early phases of the coronavirus pandemic should have been covered by its property insurance.
The underwriters argued that the virus can’t cause property damage because it can be wiped off with disinfectant and doesn’t cause any tangible or structural change. The lawyers for the underwriters did not respond to requests for comment. Companies have filed thousands of claims related to the pandemic under property insurance policies that provide business interruption coverage, but few have succeeded, said Murray Fogler, a trial attorney for Baylor College of Medicine. Baylor’s case was the first of its kind, to Fogler’s knowledge, that made it to a jury trial.
Source: Healthcare Press (healthcarepress.net)
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