Judge: Insurer’s Third-Party Claims Fail In Dispute Arising From Tornado Damage

Mealey's (May 21, 2021, 11:30 AM EDT) -- NEW YORK — A federal judge in New York on May 19 held that a commercial property and business interruption insurer’s third-party claims against a broker’s affiliate and a manufacturer insured’s parent company fail and must be dismissed from a coverage dispute over the insured’s alleged $60 million to $100 million loss caused by tornado damage to its glass manufacturing facility....