Irene to cause legal disputes
Property damaged by flooding from Hurricane Irene is set to cause a multitude of legal issues, according to Dan Gerber, co-chair of the Global Insurance Services Group at US law firm Goldberg Segalla.
One of the potential causes of dispute identified by Gerber is around the application of hurricane deductibles. Many primary admitted insurers have waived hurricane deductibles for their insureds, possibly because of regulatory pressure.
"Irene was not a hurricane when it made landfall, it was a tropical storm...
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