Nashville Mall Sues for $150 Million in Flood Claims

By Joe Edwards | September 17, 2010

The Opry Mills mall, closed since early May because of flooding, filed a lawsuit Tuesday against 17 insurance companies seeking at least $150 million in claims.

The mall, on the site of the old Opryland USA theme park, said in the Chancery Court suit that it will be unable to restore the property without the money.

The suit claims the mall was covered for $200 million in flood insurance, but the companies have offered only $50 million. The suit estimates mall damage at more than $200 million.

The suit cites breach of contract and negligence and requests a jury trial.

According to the suit, defendants believe they are limited to $50 million in liability for flooding in a high hazard flood zone.

One of the defendants, Liberty Mutual Insurance Co., did not respond to an e-mail for comment after business hours Tuesday.

The mall, next to the Cumberland River which overshot its banks, has more than 100 tenants. It is owned by Simon Property Group.

Pounding rain dumped 13.5 inches of rain on Nashville May 1-2, killing nine people in the Nashville area.

The sprawling Gaylord Opryland Hotel Resort and Convention Center, next to the mall, was swamped with flood water and also has been shut down. It expects to reopen Nov. 15.

Additionally, the Grand Ole Opry House, also part of the complex northeast of downtown, is closed but is scheduled to reopen Sept. 28. Performances of the legendary country music show have been moved elsewhere in Nashville.

A news release from the mall Tuesday said about $50 million has been spent on mall restoration so far.

Topics Lawsuits Claims Flood

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