Consequential Damages Archives - United Policyholders

Consequential Damages

Breach of Contract
Consequential Damages

New York

The policyholder sought consequential damages for the loss of its business as a result of the insurance company’s refusal to make timely payment . The trial court refused to award consequential damages. United Policyholders argued that such damages are routinely awarded in breach of contract…

Citizens Prop. Ins. Corp. v. Manor House LLC

Year: 2020

Court: Supreme Court of Florida

Case Number: SC19-1394

Issue:

Citizens
Consequential Damages
Remedies

State:

Florida

Citizens Property Insurance Corporation (“Citizens”) was created by the Florida legislature as a government entity and serves as an insurer of last resort. As such, it abides by slightly different rules than other private insurers in the admitted market. Notably, Citizens is statutorily immune from…