$30M High Hazard Flood Limitation Applies To All Loss, 6th Circuit Says In Reversal

(July 11, 2019, 12:26 PM EDT) -- CINCINNATI — The Sixth Circuit U.S. Court of Appeals on July 8 held that an insurance policy’s $30 million limitation for “Flood for High Hazard Zones” applies to all of a factory owner insured’s loss or damage arising out of a flood in Thailand, reversing and remanding a lower federal court’s finding that it applied only to the insured’s property damage (Federal-Mogul LLC v. Insurance Company of Pennsylvania, Nos. 17-1649 and 17-1716, 6th Cir., 2019 U.S. App. LEXIS 20189)....

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