Judge Says New Deductible Applies To Separate Claim Against Insured Contractors

Judge Says New Deductible Applies To Separate Claim Against Insured Contractors

MINNEAPOLIS - Each individual owner of property damaged by leaks caused by contractors has a separate "claim" to which an insurance policy's $25,000 deductible applies, a Minnesota federal judge ruled Jan. 22 (Zurich American Insurance Co. v. NewMech Companies Inc. and Corval Group Inc., No. 12-1568, D. Minn.; 2014 U.S. Dist. LEXIS 7726).

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