LA Fitness can’t exercise any of its $100 million in coverage for business interruption losses at its 700 gyms, a U.K. insurer says in a California federal suit, saying the gym chain suffered no “direct physical loss of or damage” caused by the COVID-19 pandemic and government shutdown orders. Beazley Underwriting Ltd., which insured the… Continue reading Beazley Says LA Fitness’ Virus Losses Aren’t Fit for Coverage
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