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In the late 1990s and early 2000s, the insurance industry saw a very sharp increase in the number of claims being submitted for mold damage associated with covered water damage claims. At that time, most property policies had a standard mold exclusion that had been present for many years. The standard Homeowners 3 form from the Insurance Services Office provided all-risk or open-perils coverage for direct physical loss to the dwelling, but contained a standard mold exclusion that was generally interpreted as excluding only damage that was caused by the peril of naturally occurring mold. It did not exclude the mold growth and damage that occurred as a result of a covered water damage claim.

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