Monday, April 17, 2006

Insurance Bad Faith Protected by pro-insurance federal courts: MS Court Allows Insurers to Exclude Flood Damage...

A federal judge was asked to decide whether the entry of water in a plaintiff's home should be covered when a policy contains an exclusion for damage attributable to inundation. Plaintiffs claimed that the exclusion was "ambiguous" and therefore unenforceable. The court concluded that the exclusion is valid and covers "wind-driven" or "storm surge" damage. Andrew G. Simpson, Jr., Insurance Journal 04/17/2006 Read Article: Insurance Journal

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