CAA Sues Insurance Company For Not Covering Losses During Covid
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deadline.comCAA has become the latest media and entertainment company to sue an insurance company for not covering losses suffered during the coronavirus shutdown.The Hollywood agency on Friday filed a civil suit in Los Angeles Superior Court against Affiliated FM, citing the insurance company’s “bad-faith refusal” to pay CAA claims “under broad ‘all-risk’ policies of insurance that CAA purchased from AFM … to cover precisely the types of losses that CAA has sustained as a result of the SARS-CoV-2 pandemic.”The suit (read it here) seeks declaratory relief from AFM, which it accuses of breach of written contract and tortious breach of the implied covenant of good faith and fair dealing.
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