policy terms News

Manufacturer’s Flood Claim Hinges on Definition of High-Hazard Area

For the second time, a federal appellate court reversed a trial judge’s finding that a policy issued by a unit of American International Group did not limit coverage for a 2011 flood that forced the company to shut down an …

Insurer Off the Hook for Claim Because Pilot Skipped Simulator Training

The co-pilot never attended flight simulator school, but the chief pilot let him take the wheel anyway. The plane crash-landed at the Aspen, Colorado airport. Nobody was hurt, but the owner of the airplane will not collect on its $5 …