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Citizens Property Insurance experiences 'a rare and significant judicial blow'

A court's ruling opens Citizens Property Insurance to claims for consequential damages.

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The appellate court’s ruling opens the door to breach of contract claims for consequential damages, which include not only lost rent but also lost use, profits and business interruption.(Photo: Citizens Property Insurance) 

The prolonged litigation from a property insurance claim involving damage to several apartment buildings caused by Hurricane Frances in 2004 recently yielded a precedent-setting ruling and a certified question to the Florida Supreme Court by the state’s Fifth District Court of Appeal.

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