5th Circuit Affirms Insurer Is Responsible Only For Damage During Policy Period

(December 21, 2023, 4:06 PM EST) -- NEW ORLEANS — An insurer cannot recover costs it paid to settle a roof repair and water damage suit from another insurer because that insurer is responsible only for property damage that occurred during its policy period, the Fifth Circuit U.S. Court of Appeals has ruled, affirming a trial court’s grant of summary judgment....