Shares in Cincinnati Financial closed down 9 percent yesterday (22 October) after it emerged a state judge in North Carolina had granted partial summary judgments to restaurants that sued the insurer for Covid-19 business interruption (BI) losses, finding that government orders had caused direct physical damage.
For details on how to subscribe or for all commercial opportunities, including advertising, please contact:
Tel: +44 (0) 203 934 6687
Tel: +44 (0) 203 934 6684
Subscribers get access to: