In this FC&S Litwatch, a Protective Safeguards Endorsement on a commercial property policy required the policyholder to have a specific type of automatic sprinkler system on the property as a coverage condition. The policyholder did not have the required sprinkler system or any other type of automatic sprinkler in place when the property was damaged by fire. The carrier denied the resulting fire damage claim, and the policyholder sued.
Property & Casualty
January 22, 2024, 4:24 AM