A district court’s order in favor of an insurance company that denied a New York chocolate candy maker’s Hurricane Sandy-related claim was reversed by the U.S. Court of Appeals for the Second Circuit on Tuesday.
Queens-based Madelaine Chocolate Novelties claimed it suffered $40 million in property damage and $13.5 million in income and other loss related to the 2012 “superstorm.” Great Northern Insurance company refused to pay on the claim because storm surge damage was excluded from coverage in the chocolate company’s policy.
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