Policy Excluded Losses From Underground Leaks, Federal Judge Holds

PHILADELPHIA - Business interruption losses while a diesel fuel spill was cleaned up were specifically excluded from an all-risk policy, a Pennsylvania federal judge ruled March 18, and the covered causes of loss in the policy specifically excluded underground vessels or piping (Heri Krupa Inc. v. Tower Group Companies, and Preserver Insurance Company, et al., No. 2:12-cv-04386, E.D. Pa.; 2013 U.S. Dist. LEXIS 37495)....(read more)Image may be NSFW.
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