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Physical Damage in the First-Party Property Policy

[16002]
Source: IRMI

American Guarantee & Liability Ins. Co. v Ingram Micro, Inc., 2000 U.S. Dist. LEXIS 7209 (DC Ariz)

Recently, a federal court in Tucson reviewed the definition of "physical damage" as the trigger of coverage in a first-party policy and rejected as "archaic" the traditional definitions that would require physical harm to the insured property. This article addresses that decision.




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