Retailer With $1.5M In Sandy Damage Goes After Broker

Law360, New York (May 31, 2013, 8:26 PM EDT) -- An operator of Ethan Allen home furnishing stores has sued its insurance broker in New Jersey for alleged negligence in securing coverage that the company says should have protected it from $1.5 million in damage caused by Superstorm Sandy.

One of numerous actions in the state blaming insurance brokers or agents for coverage problems following the Oct. 29 storm, Landau Holding Inc. and affiliates are accusing Capitol Risk Management Services Ltd. of failing to advise them properly on the appropriate coverage for inventory at a Carlstadt,...
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