Chubb Insurance Sued Over Sandy Condo Damage In NJ

The aftereffects of Superstorm Sandy continue to blow through New Jersey’s courthouses, with a Fort Lee, New Jersey, condominium association now accusing Chubb Insurance Co. of New Jersey of failing to properly compensate it for heavy damage from the hurricane.  Buckingham Towers Condominium Association I Inc. filed suit against Chubb in Bergen County Superior Court on the storm’s three-year anniversary on Oct. 29, contending that the insurer has failed to live up to the terms of an all-risk policy with a property coverage limit of more… (requires subscription) Read………….