Although a little more than a month has gone by since the Avalon at Edgewater (N.J.) fire on Jan. 21, insurance claims and lawsuits are likely to linger, long after the ashes have been swept away.

This kind of catastrophe usually involves several insurance carriers, policies and coverage issues. We've identified eight of the issues raised in this situation that you should be aware of. Be sure to discuss any and all possible coverages with your broker to minimize your risk.

Please let us know in the comments section if you think there are other insurance coverges or issues that also should be taken into account.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Rosalie Donlon

Rosalie Donlon is the editor in chief of ALM's insurance and tax publications, including NU Property & Casualty magazine and NU PropertyCasualty360.com. You can contact her at [email protected].