HUB Hit With $6M Suit Over Aircraft Coverage

Law360, New York (February 25, 2011, 5:50 PM EST) -- SMS Services LLC sued insurance broker HUB International Northwest LLC on Thursday in Washington state for more than $6 million, alleging HUB negligently reduced the limit for a policy covering an aircraft without notifying the company.

SMS lodged the suit in the U.S. District Court for the Western District of Washington after the aircraft was destroyed during a snowstorm, claiming Bothell, Wash.-based HUB failed to maintain the minimum requirements for aircraft hull insurance coverage established under several contracts and neglected to warn SMS of the change...
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