Star sues insurance provider for Covid-19 losses
The company claims its policy covered “risks of business interruption” but the insurance provider has denied its claim.
Australia.- Star Entertainment Group has filed a legal claim against Chubb Insurance in the Federal Court over losses incurred from lockdown measures during the pandemic.
The operator argues that Covid-19 lockdown measures fall under “special risks”, including “risks of business interruption” covered in an insurance policy signed in November 2019.
Chubb has claimed the shutdown was not covered under the policy, and declined indemnity on May 27.
Port News reports that an initial meeting between the parties before Chief Justice James Allsop in Sydney took place last week. The judge requested that Chubb file a comprehensive statement on its grounds to deny the claim by September 22.
