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Home / Opinion Digests / Insurance – Fire Loss – Business Interruption – Statutory Appraisal (access required)

Insurance – Fire Loss – Business Interruption – Statutory Appraisal (access required)

When an insulation plant sues its insurance carrier on a claim for business interruption loss after a fire at the Lawrenceville, Va. plant, an Alexandria U.S. District Court holds, in a case of first impression, that plaintiff, as a commercial lessee, has an insurable interest in its rented building on which it has a purchase ...