November 04, 2022
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.
September 26, 2022
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.