Coverage Not Barred By Inherent Vice Exclusion, 3rd Circuit Finds In Reversing

Coverage Not Barred By Inherent Vice Exclusion, 3rd Circuit Finds In Reversing

PHILADELPHIA - The Third Circuit U.S. Court of Appeals on Sept. 23 reversed and remanded a lower court's ruling in favor of insurers on an insured's breach of contract claims, finding that the lower court erred in finding that the insured's alleged loss was precluded from coverage under an inherent vice policy exclusion (United States Fire Insurance Co. v. Kelman Bottles LLC, et al., No. 12-2270, 3rd Cir.; 2013 U.S. App. LEXIS 19448).

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