Monthly Archives May 2016

New York Court Enforces Policy’s Suit Limitation Clause

The Kings County Supreme Court enforced a 12-month suit limitation clause and dismissed a wind and hailstorm claim involving damage to two apartment complexes in Dallas, Texas. In doing so, the Court enforced well-established New York authority holding that policy provisions that modify the statute of limitations by mandating that suit be brought within 12-months of any loss are reasonable and enforceable. In Chandler Management Corp. Corp. v. First Specialty Insurance Corp., the insured sought recovery under its commercial property policy for wind and storm damage to the roofs of two Dallas apartment complexes damaged during a May 24, 2011
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