Insurer Required To Cover Damages From ‘Collapse,’ Magistrate Judge Finds

Mealey's (February 8, 2018, 11:17 AM EST) -- MIAMI — Finding that “collapse” is not defined in an “all-risk” insurance policy, a Florida federal magistrate judge on Feb. 5 held that an insurer is obligated to cover sagging and falling down ceilings at a condominium complex (Key Biscayne Ambassador Condominium Association Inc. v. Aspen Specialty Insurance Co., No. 16-24564, S.D. Fla., 2018 U.S. Dist. LEXIS 19440)....