Shivam Gastonia, Inc. filed a verified complaint in Gaston County Superior Court against Accelerant Specialty Insurance Company alleging breach of contract for largely denying a tornado-related property and business interruption claim under a commercial policy covering a Quality Inn in Gastonia, North Carolina, effective May 1, 2023 to May 1, 2024, for which Shivam paid
Insurance policies sometimes contain exclusions purporting to bar damage that began before the policy effective dates, but continues into the policy period.
That is what happened in Northfield Mass. Assocs., LLC v. Travelers Indem. Co.
In this case, the insured (a property owner) was sued by a condominium association for “damages that include continuous and
Eden Owners Association, Inc. sued General Security Indemnity Company of Arizona, HDI Global Specialty SE, StarStone Specialty Insurance Company, and QBE Specialty Insurance Company in the Northern District of Florida, invoking diversity jurisdiction and venue based on insured property in Pensacola and events in the district. Eden alleges its condominium property at 16281 Perdido Key Drive