occurrence definition News

Nordstrom Inc. has filed suit seeking a court declaration that its insurers must treat nationwide civil unrest last spring and summer as a single occurrence rather that separate events that would require the department store chain to pay separate $1 …

The U.S. District Court in Pennsylvania ruled last week that multiple claims that arose from allegedly defective drywall that the insured entity imported in one single shipment from China should be considered a “single occurrence” for the insurance coverage. The …