Federal Judge: SFIP’s 1-Year Statute Of Limitations Bars Insured’s Lawsuit

Mealey's (March 6, 2017, 1:45 PM EST) -- GULFPORT, Miss. — A Mississippi federal judge on March 3 granted a federal flood insurer’s motion for summary judgment in an insured’s lawsuit seeking to have the insurer fully comply with the appraisal provisions under a Standard Flood Insurance Policy (SFIP) (Reef Enterprises, a Mississippi Corporation doing business as Jordan River Steamer v. Wright National Flood Insurance Co., formerly known as Fidelity National Indemnity Insurance Co., No. 16-22, S.D. Miss., 2017 U.S. Dist. LEXIS 30317)....