Calgary Flames announce MASSIVE lawsuit against insurers!
That's a pretty big number.
The Calgary Flames have issued a massive lawsuit against their insurers to recoup $125 million worth of losses thanks to the COVID-19 pandemic over the course of two seasons.
The Flames are the latest team to do so, joining the likes of the Toronto Maple Leafs, Ottawa Senators, Winnipeg Jets, Montreal Canadiens and Vancouver Canucks who all sued their insurers last June.
"The presence of COVID-19 and the COVID-19 virus in the Saddledome during NHL games made the normal use of the Saddledome impossible for almost two years," the claim states.
"The purpose of this arena is to allow thousands of fans to gather inside to watch events, consume food and beverages and vocally cheer on sporting or other events."
“These covered perils include known and unknown risks, including noxious substances that render arenas unusable," says the lawsuit.
"COVID-19 and the COVID-19 virus were precisely among the perils and risks covered."
Included in Flames lawsuit are the Westport Insurance Corporation, Royal and Sun Alliance, Liberty Mutual, Aviva, Northbridge General and Can-Sure Underwriting.
Per CBC:
The Flames organization argues its insurance policy promises to protect the organization against lost revenue if it can not use its arena.
COVID-19 was "precisely among the perils and risks covered," the lawsuit alleges.
The 'all risks policy' was supposed to cover losses "as a result of a worldwide series of catastrophes like those brought on by the COVID-19 pandemic."
The Flames organization is also looking to recoup costs associated with measures implemented for safely reopening like testing, physical barriers and an upgraded HVAC system.
Since March 2020, Alberta has had more than half a million COVID cases with more than 4,000 people dying from the virus.