Buyers who unknowingly purchased a mold-filled house had their case dismissed against the sellers, inspection company and their agent when they had two pre-purchase inspections which they claimed they failed to read
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Today, the Minnesota Supreme Court held that where there is an insurance dispute over a storm-related loss, “appraisers must necessarily determine the cause of the loss, as well as the amount necessary to repair the loss However, to the extent that determination goes beyond the scope of appraisal and interprets policy exclusions, that...
The Eighth Circuit weighed in Friday on the faulty construction exclusion and ensuing loss clause Finding that the overriding cause of the water intrusion was due to faulty construction and that the ensuing loss clause only applies to distinct, separate ensuing losses, the Court agreed with Chubb that the owner’s loss was excluded
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