Johnson & Wales University sues insurer over pandemic losses

Associated Press

PROVIDENCE, R.I. (AP) — Johnson & Wales University is suing its insurer over financial losses caused by the coronavirus pandemic, alleging the company breached its contract because it did not allow the university to claim pandemic-related economic losses.

The Providence Journal reports that the university said that the American Guarantee & Liability Company’s current policy does not have preventative pandemic-related coverage in its insurance policy to cover economic losses.

In the lawsuit, Johnson & Wales asked the court to rule that the insurer must cover its financial losses.

A spokesperson for Zurich Insurance Group, American Guarantee’s parent company, did not respond to an email.