Agent Blunder Might Have RemovedSenior Citizen Center's Security Blanket
When a Cincinnati Reds player hits a bases-loaded home run, Marty Brennaman–the Reds radio announcer and a member of baseballs Hall of Fame–proclaims: “Get out the mustard and the rye bread, Grandma! Its a grand salami!” I was recently presented with a “grand salami” of policy misinterpretation.
This time its an insurers misunderstanding of a blanket limit on a commercial property policy. This case involves a senior citizen condominium complex in Miami. A really nice part of this condo complex (and one to which part of the fee goes each month) is the recreation building–a place with meeting rooms, a small bar, a TV area, some game tables, etc.
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