Parties Reach Settlement After Ruling In Coverage Dispute Over Water Damage

( March 17, 2025, 9:39 AM EDT) -- NEW YORK — Three days after a federal judge in New York found that the undisputed record is clear that an insured’s alleged interior water damage to its two-story commercial office building falls squarely within an insurance policy's anti-concurrent causation clause, the parties on March 14 announced that they reached a settlement....