Coverage Owed Under Policy For Hidden Decay, New York Justice Determines

(February 2, 2018, 3:40 PM EST) -- WESTCHESTER, N.Y. — A New York state justice on Jan. 25 determined that insureds seeking coverage for damages to their home caused by water that seeped behind the home’s stucco façade are owed coverage under the policy at issue because the damages were caused by hidden decay, a covered cause of loss under the policy (John E. Parauda, et al. v.  Encompass Insurance Co., No. 61128/15, N.Y. Sup., Westchester Co., N.Y. Misc. LEXIS 269)....

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