Comcast Sues Insurers Over Hurricane Damages

Law360, New York (April 11, 2008, 12:00 AM EDT) -- Comcast Corp. has sued several insurance companies, claiming they failed to reimburse the cable and Internet company for $14.73 million in damages and losses in Florida following Hurricane Charley in August 2004.

In its complaint filed Wednesday in the U.S. District Court for the Eastern District of Pennsylvania, Comcast claims 13 insurance companies that served as underwriters for its $250 million insurance policy have breached their contract with Comcast.

The insurance companies, which include Allianz’s Fireman’s Fund Insurance Co. and American International Group Inc.’s Lexington Insurance...
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