Navigational Limit Bars Coverage For Yacht Damage, 11th Circuit Says In Reversal

Mealey's (January 6, 2020, 1:16 PM EST) -- ATLANTA — The 11th Circuit U.S. Court of Appeals on Dec. 17 held that coverage for storm damage to a 65-foot sailboat in Florida is excluded because the marine insurance policy’s navigation limit required the vessel to be north of Cape Hatteras, N.C., during hurricane season, reversing and remanding a lower court’s ruling against the insurer (Geico Marine Insurance Co. v. James Shackleford, No. 18-12105, 11th Cir., 2019 U.S. App. LEXIS 37228)....

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