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Recent Developments in Virginia Regarding Insurance - Part 2

A Virginia court ruled that amounts payable to a church under its insurance policy following the complete destruction of its sanctuary in a fire would not be reduced by the amount of contributions the church received from sympathetic donors following the fire.

Virginia
State:
Key point. Under the so-called "collateral source rule," benefits payable under a church's insurance policy as a result of a fire loss are not reduced by the amount of contributions the church receives from sympathetic donors following the loss.

A Virginia court ruled that amounts payable to a church under its insurance policy following the complete destruction of its sanctuary in a fire would not be reduced by the amount of contributions the church received from sympathetic donors following the fire. A church was destroyed by a fire. The church's insured value was not adequate to cover the actual loss. The church sued its insurance broker, claiming that (1) the broker's "negligent breach" of his professional duties caused the church to be grossly underinsured, and that (2) the broker breached his contract with the church to obtain adequate property insurance coverage. This case is ...

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Posted:
  • November 1, 1999

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