London\u002Dbased gym giant Goodlife Fitness is seeking $70\u002Dmillion in an alleged pandemic\u002Drelated dispute with its insurer, a statement of claim filed in London court says.
In its statement of claim filed in London court, GoodLife, which has more than 200 locations across Canada, is seeking unspecified general and punitive damages and a court order for “the full amount of business interruption compensation available under the policy.”
The coverage under the insurance policy extended from June 30, 2020 to June 30, 2021, the statement of claim filed in the Superior Court of Justice alleges. Its policy was intended to provide “peace of mind” to Goodlife, which understood the insurance product would provide coverage “if it was forced to close its business due to fortuitous or unforeseen reasons that were beyond its control,” the statement of claim alleges.In an email, Allianz Canada’s head of claims, Bernard McNulty, said the insurer is aware of GoodLife’s action and will take steps to defend itself, declining to comment further.
Businesses in Ontario operated under the spectre of evolving public health restrictions for nearly two years, until after the wave in December 2021 and January 2022 fueled by the highly transmissible Omicron variant of the virus.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
30 Comics By A Fitness Trainer That Encourage Self-Acceptance And Wellness (New Pics)Cassey Ho is not your typical fitness entrepreneur. She is an internet-famous trainer and social media personality who promotes body positivity and strives to create an inclusive and supportive community.
Read more »
'Our cultural fabric': Calgary Stampede gets ready to kick off Friday with paradeCALGARY — After a few years of uncertainty related to the COVID\u002D19 pandemic, officials with the Calgary Stampede say they’re happy the advice they’ll be…
Read more »
'Our cultural fabric': Calgary Stampede gets ready to kick off Friday with paradeCALGARY — After a few years of uncertainty related to the COVID\u002D19 pandemic, officials with the Calgary Stampede say they’re happy the advice they’ll be…
Read more »
Insurer Great-West Lifeco aims to double profits from wealth management as it seeks new growthChief executive Paul Mahon says he plans to see wealth division contribute $1-billion by 2027
Read more »
Opioids disproportionately affect certain sectors: StudyFindings are part of the ongoing research of Opioid-related Harms Among Ontario Workers study
Read more »
More people carrying naloxone to help strangers on the streetDrug poisoning-related fatalities break records every passing year in Canada
Read more »