July 08, 2014
Columbia Casualty Co. has settled a beachfront hotel's suit fighting the insurer's efforts to apply a $1 million named storm deductible to losses from Superstorm Sandy, months after a New Jersey federal judge refused to nix the suit, a Tuesday filing showed.
March 03, 2014
A New Jersey federal judge has refused to nix a beachfront hotel's lawsuit challenging Columbia Casualty Co.'s application of a $1 million named storm deductible to bar coverage for Superstorm Sandy losses, ruling that it was plausible that the insurer wrongly denied coverage.