A Burst Pipe Becomes an “Earth Movement,” Defeating The Purpose of Insurance

A Burst Pipe Becomes an “Earth Movement,” Defeating The Purpose of Insurance

A recent federal decision out of Connecticut, Dalmac Realty LLC v. Scottsdale Insurance Company, 1 perfectly captures how modern open perils, aka “all risk” property insurance, has drifted from its original purpose to broadly cover against sudden and accidental loss. I suggest that for any policyholder trying to read the insurance contract, it has become a … The post A Burst Pipe Becomes an “Earth Movement,” Defeating The Purpose of Insurance ap…