Neighbors Credit Union v. Integon National Insurance Company
Case Number:
4:21-cv-01477
Court:
Nature of Suit:
Judge:
Firms
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November 04, 2022
Mo. Judge Rules Insurer Can Skirt Copper Theft Coverage
A Missouri federal judge has handed Integon National Insurance Co. a win in its suit against Neighbors Credit Union, finding that the insurer does not need to cover approximately $1.4 million in the theft of copper wire from an HVAC unit at the credit union under its policy.
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September 26, 2022
Copper Theft Isn't Covered As Break-In Damage, Insurer Says
An insurer told a Missouri federal court that it shouldn't have to cover $1.4 million in damages caused by copper theft at a St. Louis property robbed on Christmas Day, arguing that its theft exclusion was clear, and that break-in provisions cover entering the premises, not breaking into the HVAC system.