Case Law: Mold Exclusion Upheld
The Eleventh Circuit has affirmed a District Court grant of summary judgment in favor of the insurer in a case seeking coverage for the costs associated with remediating and repairing mold damage in a Southern Florida luxury high-rise condominium complex. The Court of Appeals based its decision on “the well-reasoned and thorough order” of the District Court. Residences at Ocean Grande Inc. v. Allianz Global Risks U.S. Insurance Co. f.k.a. Allianz Insurance Co., No. 09-15145, 2010 U.S. App. LEXIS 10108 (11th Cir. May 18, 2010).
Copyright 2010. All rights reserved.