homeowner policy News

Homeowners Policy Excludes Damage From Prolonged, Unattended Water Inundation

Based on standard homeowner policy water damage exclusions, the United States District Court in Utah found no coverage for extensive damage from water escaping over several months from a sink located in the lower level of a seasonal cabin in …

Newtown Victims’ Families Sue Estate of Shooter’s Mother to Access Homeowner Policy

The families of nine people killed in the Newtown elementary school shooting have filed lawsuits against the estate of the gunman’s mother. The lawsuits contend Nancy Lanza failed to properly secure her legally owned Bushmaster AR-15 rifle, which her troubled …

Criminal Acts Causing Property Damage Not Covered by Homeowner Policy

In the context of first party property coverage, criminal act exclusions typically have three requirements that must be met before the exclusion is applicable: (1) there must be a policy-defined loss; (2) the loss must be caused by a dishonest …

Court Reverses Mississippi Award Over ‘Negligent’ Flood Policy Advice

An insurance company selling federal flood insurance has won a case against a Mississippi homeowner who claimed the insurer was negligent in not informing him that he was eligible to buy a preferred risk policy with more coverage than he …