Calgary Flames launch $125 M lawsuit against insurers over COVID-19 loss
Posted Mar 23, 2022 7:55 pm.
The Calgary Flames have launched a lawsuit seeking $125 million from their insurers.
According to media reports, the company says in its statement the COVID-19 virus in the Saddledome during NHL games made it impossible to use the stadium.
They also say the insurers have decided “viruses do not cause physical loss or damage” something the Flames say isn’t true.
Matthew Macdonald, a partner at Matthew Macdonald Law, says these types of cases are about risk allocation.
“The parties turned their mind to would this event happen and if it did would we pay for it? And that’s what is going to turn on this claim and I am sure a lot of other claims [are] happening,” says Macdonald.
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“Did parties anticipate this? Did they allocate that risk? Or is it something that came out of nowhere that was not anticipated? And if it is covered under the policy then they’ll have a case,” says Macdonald.
The allegations in the lawsuit have not been proven.
