Insurer Responsible for Continuous Water Damage Discovered After Policy Period

By Burke Coleman | December 3, 2014

  • December 3, 2014 at 3:20 pm
    OMNISURE says:
    Like or Dislike:
    Thumb up 0
    Thumb down 1

    Perhaps we will soon be seeing CLAIMS MADE Homeowners Policies to retard this retarded court finding. There will definitely be some policy language changes from this one, of that I am OMNISURE…

  • December 16, 2014 at 6:25 pm
    Like or Dislike:
    Thumb up 0
    Thumb down 0

    Chubb is known as on of the insurers who may offer the broadest available coverage forms for Homeowners, therefore, in this case, I would argue that Chubb intended to provide the coverage the court ruled it owed the insured. Perhaps Chubb Marketing needs to better coordinate with Chubb Claims so they both understand what they are selling and what they are obligated to deliver? I won’t suggest I understand all of this case and what happened, but it’s a pretty sure bet it involved a large
    claim and a wealthy policyholder who apparently hired an excellent attorney!



Add a Comment

Your email address will not be published. Required fields are marked *

*