1st Circ. Says NFIP Policies Must Be Strictly Enforced

Law360, New York (September 23, 2013, 4:26 PM EDT) -- The First Circuit on Friday reversed a ruling against Allstate Insurance Co. in a flood insurance dispute, making it clear that courts should strictly enforce the terms of flood policies backed by the federal government's National Flood Insurance Program.

The published decision bars policyholder Wayne DeCosta from scoring about $100,000 more in coverage under a standard flood insurance policy issued under the NFIP, a program that lets private insurers like Allstate issue and administer policies on behalf of the U.S. government, which is on the hook...
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