This story is reprinted with permission from FC&&S Legal, the industry's only comprehensive digital resource designed for insurance coverage law professionals. Visit the website to subscribe.

A federal district court in New Jersey has ruled that losses stemming from an electrical outage caused by Superstorm Sandy were not covered by the business' insurance policy.

|

Losses in excess of $1.9M

As a result of Superstorm Sandy, Howard Berger Co., LCC, which develops, markets, and distributes security and builder's hardware, plumbing products, paint applicators, and home environment products to retailers, discount stores, home centers, wholesalers, drug and food chains, catalog companies, municipalities, and hardware stores worldwide, lost electrical power at its facility in Cranbury, New Jersey, from October 29, 2012 until November 4, 2012.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Catastrophe & Restoration
Commercial Lines
Commercial Lines
Litigation
Weather Risk