1. April 24, 2023

    Fishing Co., Shipbuilder Win $23M In Policy Blank-Space Fight

    Various insurers led by Norwegian Hull Club must pay a fishing company and shipbuilder more than $23 million in additional coverage and prejudgment interest over a vessel severely damaged by Hurricane Michael, a Florida federal judge ruled, finding that their $77 million policy escalated coverage up to 25%.

  2. March 13, 2023

    Fishing Co., Shipbuilder Denied Jury Trial In $77M Policy Row

    A dispute brought by a group of insurers against a shipbuilder over a $77 million policy for a ship damaged by a 2018 hurricane will not be presented before a jury, a Florida federal court ruled, saying the insurers properly invoked maritime jurisdiction.

  3. February 23, 2023

    Insurers Call Escalation Clause In $77M Policy Unusable

    Insurers led by Norwegian Hull Club have convincing evidence that a blank space in the escalation clause of a $77 million policy they issued to a shipbuilder renders the clause unusable, they told a Florida federal court, pointing to negotiations between the parties while drafting the contract.

  4. February 09, 2023

    Fight Over Blank Space In Ship's $77M Policy Headed To Trial

    Neither a Florida fishing company nor its insurers are entitled to an early win in a dispute over the meaning of a blank space in an escalation clause in a $77 million policy for a damaged ship, a Florida federal judge said, finding the clause doesn't unambiguously support either side's position.

  5. January 05, 2023

    Insurers Say Blank Space In Policy Can't Increase Coverage

    Insurers led by Norwegian Hull Club told a Florida federal court that they don't owe coverage beyond $77 million already paid out to a fishing company and shipbuilder for a boat damaged in a hurricane, arguing that a blank space in an escalation clause makes the clause unusable.

  6. March 29, 2022

    Blank Sparks Coverage Claim Over Damaged Fishing Boat

    A fishing company and a shipbuilder whose nearly finished boat was damaged in a hurricane filed a $26 million counterclaim in Florida federal court over the meaning of an unfilled blank space in their policy with the Norwegian Hull Club.