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Lloyd’s loses COVID-19 BI case against Baylor College of Medicine - MegaIcon Magazine
Lloyd’s of London syndicates have lost a COVID-19-related business interruption (BI) court case against Baylor College of Medicine (Baylor Medicine) – breaking the insurance industry’s winning streak in such cases. In what Reuters reported to be the first case to result in a plaintiff’s verdict, Baylor Medicine won a $12 million jury verdict against several