With the Monte-Carlo Reinsurance Rendezvous again being cancelled due to Covid-19, a recent Court decision reminds us of casinos.
Caesar’s Entertainment, a U.S. casino and entertainments group, claimed an indemnity in respect of alleged property damage and business interruption (“BI”) losses arising out of COVID-19. Caesar’s sued Markel (along with other excess insurers) in the State District Court of Clark County, Nevada.
