The Nevada Supreme Court analyzed whether Starr’s commercial property insurance policy covered AGB’s economic losses resulting from the COVID-19 pandemic. The Court ruled that it did not. A commercial property insurance policy does not cover economic losses resulting from the COVID-19 pandemic because the COVID-19 virus does not have the requisite direct and physical impact on property that the insurance policy covers. Additionally, Starr’s commercial property insurance policy specifically defined virus in their policy exclusion therefore excluding damages resulting from COVID-19 from being covered.
Haigh, Elizabeth, "Starr Surplus Lines Ins. Co. v. Dist. Ct., 139 Nev. Adv. Op. 32 (Sep. 14, 2023)" (2023). Nevada Supreme Court Summaries. 1596.