City of Prince George sues insurance company.

M2 EQUITYBITES-June 24, 2022--City of Prince George sues insurance company

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Global Banking News - 24 June 2022

Canadian city Prince George is suing its insurance company for business losses.

The insurer is being sued for allegedly declining to cover lost revenues during the pandemic. The city said that its business-interruption policy with Royal & Sun Alliance Insurance should have covered the closure of several municipal facilities. During the pandemic, the city had closed all arenas, pools, conference...

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