North Carolina Panel Affirms Ruling In Insurers’ Favor In Superstorm Sandy Suit

(January 18, 2018, 9:21 AM EST) -- RALEIGH, N.C. — A North Carolina appeals panel on Jan. 16 affirmed a lower court’s ruling in favor of insurers in their declaratory judgment lawsuit challenging coverage for underlying property damage caused by Superstorm Sandy, finding that the insured’s interpretation of the examination under oath (EUO) policy provision is unreasonable (North Carolina Farm Bureau Mutual Insurance Company, Inc., et al. v. Ronnie D. Lilley, Sr., No. COA16-998, N.C. App., 2018 N.C. App. LEXIS 60)....

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