Fungus Exclusion Bars Coverage For $861,592 Award, Insurer Argues

(November 21, 2019, 1:02 PM EST) -- HOUSTON — Citing a fungus or spore exclusion and business risk exclusions, an insurer alleges in a Nov. 18 complaint filed in a Texas federal court that there is no coverage for a $861,592.73 judgment for water penetration and mold growth at a 326-unit apartment complex (Acceptance Indemnity Insurance Co. v. SLI Framing Company, Inc., et al., No. 19-4531, S.D. Texas)....