Excess Insurer Must Face $3M Spat With Philly Condo Assoc.

By Emily Enfinger (June 5, 2023, 2:07 PM EDT) -- Certain underwriters at Lloyd's of London must face a condominium association's $2.8 million flood coverage suit, a Pennsylvania federal court ruled Friday, rejecting the insurer's argument that excess coverage isn't owed yet because the underlying policy hasn't been exhausted....

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