Damage Payout Based On Value At Time Of Loss, Court Rules

By Elizabeth Daley · May 8, 2023, 2:42 PM EDT

A Florida federal court said because of insurance policy language, $2.2 million in warehouse damage from a fallen crane could be calculated based upon the lesser repair costs at the time...

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Documents

Case Information

Case Title

West 32ND/33RD Place Warehouse Condominium Association, Inc. v. Western World Insurance Company

Case Number

1:22-cv-21408

Court

Florida Southern

Nature of Suit

Insurance

Date Filed

May 05, 2022