USA – Supreme Court of Vermont first state high court to rule in favor of policyholder in COVID-19 business interruption case
With a 3-2 ruling filed on 26 September 2022, the Vermont Supreme Court overturned a trial court ruling that had dismissed the lawsuit filed by a policyholder – Huntington Ingalls Industries, i.e., the largest military shipbuilding company in the United States – which alleged that there was coverage under an all-risk property insurance policy for certain losses incurred due to the COVID-19 pandemic.