When the National Weather Service names a storm heading in your direction, you know to expect wind and water. This can create a quandary for property insurers. Is water damage from a named windstorm caused by the flood or the...more
2/28/2020
/ All-Risks Insurance ,
Denial of Insurance Coverage ,
Flood Insurance ,
Flooding ,
Hurricane Sandy ,
Insurance Claims ,
Insurance Litigation ,
Lloyds of London ,
Mass Transit ,
Natural Disasters ,
Policy Limits ,
Policy Terms ,
Property Damage ,
Property Insurance ,
Severe Weather ,
Water Damage
Insurers don’t, as a rule, like bad faith suits. But life can play funny tricks—as when a judgment against an insured breaches a layer of excess coverage, because the primary carrier failed to settle within its policy...more