2nd Circ. Affirms Arizona Iced Tea's Audit Expense Coverage

By Jennifer Mandato ( September 2, 2025, 8:53 PM EDT) -- Hanover Insurance Co. must cover the maker of Arizona Iced Tea for additional audit expenses from a power surge that erased years of financial data, the Second Circuit determined Tuesday, finding that delays and additional costs were directly traced to the surge and therefore covered....

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