- June 12, 2021
- Posted by: Stratford Team
- Category: Business
Milwaukee-based Froedtert Health Inc. filed a lawsuit against Factory Mutual Insurance Company over its denial of the health system’s COVID-19 business interruption claim. According to the lawsuit filed Wednesday, Froedtert is seeking compensation for the…
Milwaukee-based Froedtert Health Inc. filed a lawsuit against Factory Mutual Insurance Company over its denial of the health system’s COVID-19 business interruption claim.
According to the lawsuit filed Wednesday, Froedtert is seeking compensation for the significant damage, losses and expenses incurred as a result of the COVID-19 pandemic.
Froedtert argues that these damages are covered under its “all risks” property insurance policy, which includes a $2 billion limit of liability per occurrence. The policy provides additional coverage for communicable diseases response, including cleanup costs and public relations services.
Factory Mutual has refused to pay out Froedtert’s…