A condo association submitted a claim to Philadelphia Indemnity, alleging a storm damaged the roofs of 22 condominium buildings that required replacement, claiming the replacement costs of the roofs totaled more than $1.1 million. Meanwhile, Philadelphia Indemnity estimated that the storm-related damages and repairs came in around $38,000. Credit: tamas/Adobe stock A condo association submitted a claim to Philadelphia Indemnity, alleging a storm damaged the roofs of 22 condominium buildings that required replacement, claiming the replacement costs of the roofs totaled more than $1.1 million. Meanwhile, Philadelphia Indemnity estimated that the storm-related damages and repairs came in around $38,000. Credit: tamas/Adobe stock

A federal judge in Maryland denied a council of condominium owners' motion to dismiss an insurance company's instant action for declaratory judgment concerning their duties and obligations to indemnify a claim for damages to the roofs of numerous condominiums.

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.