Cleary Says Insurer's Flood Ban Is Void In $3M Sandy Row

By Stewart Bishop (September 11, 2014, 8:48 PM EDT) -- Cleary Gottlieb Steen & Hamilton LLP on Thursday pressed a New York judge to find that its Federal Insurance Co. policy covers a power outage caused by Superstorm Sandy that wiped out at least $3 million in business income, arguing that a key policy provision voids an exclusion for floods....

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