Insurer Can’t Shake $100M Weather Damage Coverage Suit

Law360, Chicago (February 27, 2013, 7:08 PM EST) -- A New York federal judge on Monday refused Commonwealth Insurance Co.'s motion to dismiss a $100 million suit by TN Metro Holdings' limited liability companies over the insurer's refusal to cover weather damage repairs, but said he'd consider issues raised on a summary judgment motion instead.

U.S. District Judge Kenneth M. Karas wrote that district courts couldn't rely on extrinsic evidence, such as U.S. Securities and Exchange Commission filings and other documents the insurer submitted, for purposes of deciding a motion to dismiss a complaint for...
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