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Despite their ruling, the Colorado Court of Appeals added that "this case may present an opportunity for our supreme court to provide clarity on this question."
The U.S. Court of Appeals for the 7th Circuit held that COVID did not cause "direct physical loss or damage to" property under business interruption policies.
The Massachusetts Supreme Judicial Court and the Iowa Supreme Court became the first state high courts to decide whether businesses can recover COVID-19-related business losses.
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