NY High Court Expands Property Owners' Vandalism Coverage

Law360, New York (October 17, 2013, 3:00 PM ET) -- New York's top appeals court handed property insurance policyholders a victory Thursday by ruling that malicious conduct need not have targeted their premises to count as coverage-triggering vandalism.

Answering questions posed by the Second Circuit, the New York Court of Appeals held that acts not specifically directed at a covered property can nonetheless be found to be “malicious damage” within the scope of vandalism coverage.

“We see no reason why the term 'vandalism' should be limited to acts ‘directed specifically at the covered property,’” the opinion...
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