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Excess Insurer Not Sued Prematurely, Philly Condo Says - Vimarsana News

Excess Insurer Not Sued Prematurely, Philly Condo Says

A Philadelphia condominium association said it did not prematurely include certain underwriters at Lloyd's of London in its $2.8 million flood coverage lawsuit against Voyager Indemnity Insurance Co., arguing that coverage from the excess insurer could be triggered.

Source: law360.com
Text Eclipses Intent In Insurance Policies, 11th Circ. Says - Vimarsana News

Text Eclipses Intent In Insurance Policies, 11th Circ. Says

A Florida church should be eligible for coverage for damage from two hurricanes, the Eleventh Circuit said Thursday, finding that the text of the church's policies with Aspen Specialty Insurance eclipses the apparent intent of the parties to exclude coverage for named windstorms.

Source: law360.com
Mercedes-Benz Limited In Factory Fire Damage Suit - Vimarsana News

Mercedes-Benz Limited In Factory Fire Damage Suit

Mercedes-Benz U.S. International can only seek $1 million in damages from a manufacturer of magnesium cross-car beams after a factory fire, down from $33 million it had been seeking against the manufacturer and another supplier, an Alabama federal judge said.

Source: law360.com
Calif. Penalizes Insurer For Unapproved Wildfire Charges - Vimarsana News

Calif. Penalizes Insurer For Unapproved Wildfire Charges

The California Department of Insurance announced that Kemper Independence Insurance Co. has issued more than $1.5 million in refunds to customers after the agency accused it of overcharging policyholders for their wildfire risk.

Source: law360.com
Vegas Chiropractor's COVID-19 Coverage Suit Tossed - Vimarsana News

Vegas Chiropractor's COVID-19 Coverage Suit Tossed

A Las Vegas chiropractor isn't eligible for coverage of his losses from COVID-19, a Nevada federal judge said, finding that the rehabilitation center didn't allege physical loss or damage that would be covered by a Liberty Mutual unit.

Source: law360.com