Mid-America Catastrophe Services

Lawsuit: Movers Insurance Coverage Denied After Accident Floods Luxury Condo Building

 Thursday, March 30, 2023

 New York Post

A bulky couch. A narrow stairwell. A sprinkler head. Put them together and what do you get? Millions of dollars in property damage. And an insurance company that refuses to pay because the incident -- couch vs. sprinkler head -- happened inside a luxury downtown condominium, and not on the street.

This sorry, soggy tale is playing out at the Textile Building -- at 66 Leonard St. in Tribeca -- according to a current lawsuit.

The case hinges on the definition of ‘loading and unloading’ -- and whether the moving truck was being loaded while the errant couch was inside, still upstairs.

The stately, 14-story edifice -- an office building converted to condos in 2001 -- holds apartments that sell in the $3 million to $5 million range.

The headache began a year and a half ago, when someone on the sixth floor was selling a couch through Furnishare, also known as Kaiyo — an online marketplace for high-quality used furniture.

Judge Says $48M Insurance Coverage is Inadequate for Collapsed Condo

 Wednesday, July 7, 2021

 Insurance Business

Fear In The Insurance Jungle: The Condo Policy

 Monday, March 29, 2021

 Insurance Nerds

Insurers Face Delicate COVID-19 Coverage Decisions

 Wednesday, April 29, 2020

 Matthiesen, Wickert & Lehrer, S.C.

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 Thursday, March 10, 2016

 Claims Management

Insurance Coverage Denied For Flooded Basements

 Friday, August 15, 2014

 Detroit Free Press

Lawsuit Claims Life Insurance Payout Denied Due to Height

 Friday, August 8, 2014

 Amarillo Globe-News