Tag Archives: Florida

Florida Property Insurers Must Pay All Losses If Any “Concurrent Cause” Is Covered

In the latest of a string of recent decisions adverse to insurers, the Florida Supreme Court held that, where a residential property incurs damage due to the cumulative or combined effects of multiple “concurrent” causes, any of which a homeowners policy covers, the insurer must pay the entire loss even if its policy expressly excludes … Continue Reading

Judgment Based Partly on Florida Civil Theft Statute Neither Covered nor Insurable by Directors and Officers or Property Policies

A Florida federal court in Miami awarded D&O and property insurers summary judgment in a declaratory action, ruling in their favor on essentially every coverage issue, while also ruling that the damages for which their insured was found liable were uninsurable.  Twin City Fire Ins. Co. v. CR Technologies, Inc., 25 F.L.W.Fed. D113a (SDFL Mar. … Continue Reading
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