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Does a sagging floor constitute a “collapse”? Court finds ambiguity in “collapse.”

The Property Insurance Law Observer

Specifically, the insured noted that the “floor had sagged, was bouncing, and that a section of the floor had partially detached from the Property’s exterior wall.” This prompted the insured to submit a claim. Hartford Casualty Insurance Co. , Jemiola Living Trust v. 3d 84 (Conn.

Building 130
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Study Touts PayoffsFrom Alabama Wind Resilience Program

Triple-I: Homeowners Insurance

Homes built or retrofitted to FORTIFIED standards from the Insurance Institute for Business & Home Safety were found to have suffered far less property damage and a lower volume of insurance claims from Hurricane Sally which made landfall in Gulf Shores, Alabama, as a Category 2 storm in September 2020 than non-FORTIFIED properties.