Acadia Says Co. Failed To Prove $3.4M Hail Damage Claim

Law360, New York (July 29, 2013, 12:45 PM EDT) -- Acadia Insurance Co. urged a Texas federal judge on Friday to declare that the insurer isn't obligated to give a Texas business $3.4 million for hailstorm-related property damage because the business allegedly failed to provide evidence supporting its damage claim.

Acadia has already paid Nolana Street LLC nearly $46,000 for the damage, but the company says Acadia failed to reasonably investigate its damages and wrongfully underpaid it, according to Acadia's complaint. The insurer counters that there isn't any coverage under the policy because Nolana Street allegedly...
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