Opinion ID: 1938205
Heading Depth: 1
Heading Rank: 2

Heading: business interruption losses

Text: Appellant next contends that appellee cannot recover for business interruption loss because such coverage is available only if there is recovery for property damage. The business interruption policy states that in order for the policy to apply, there must be either damage to or destruction of real or personal property . . . by the perils insured against during the term of this policy or loss caused solely by an accident occurring while this endorsement is in effect to an Object designated and described in the schedules and endorsements. See Business Interruption Insurance Policy at 1 of Form A, 1 of Boiler and Machinery Time Element Endorsement (R.R. at 13A, 22A). Because we already have concluded that (1) the clear and unambiguous language of the policy precludes recovery under the named perils portion of the policy and (2) appellee did not sustain his burden of showing an accident to an object, the factual predicate for triggering the business interruption does not exist. Accordingly, we vacate the jury award of $1,130,000.00 for business interruption loss. [8]