Policy Does Not Provide Blanket Coverage For Flood Damage, Judge Says In Irma Suit

(June 20, 2019, 11:09 AM EDT) -- MIAMI — A Florida federal judge on June 17 held that a commercial property insurance policy’s $10 million flood coverage limit is subject to a statement of values and does not provide blanket coverage in a Hurricane Irma coverage suit, ruling in favor of the insurer (Aligned Bayshore Holdings v. Westchester Surplus Lines Insurance Company, No. 18-21692, S.D. Fla., 2019 U.S. Dist. LEXIS 100453)....

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