Superstorm Sandy insurance lawsuit News

Former New York Engineering Firm Exec Guilty in Sandy Insurance Case

A former director of an engineering firm charged with illegally altering reports about damage from Superstorm Sandy pleaded guilty to unauthorized practice of engineering in connection with the case, New York Attorney General Eric Schneiderman announced Tuesday. Matthew Pappalardo, 39, …

N.Y. Court: Insurer’s $5M Flood Sub-Limit Applies to Delay-in-Completion Loss

The New York Supreme Court’s Appellate Division affirmed that a $5 million flood sub-limit in a builders risk policy that Zurich American Insurance issued to a New York property developer applies to the delay-in-completion losses by the flood peril after …