Hotel Florida’s water damage claim is subject to arbitration

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By Dave Simpson (December 21, 2021, 9:43 p.m. EST) – The owner of a luxury hotel in Fort Lauderdale, Fla. Who seeks to cover himself against hurricanes and water damage must pursue such claims against a large number foreign and domestic insurers in arbitration, a federal judge ruled on Monday.

299 N. Federal Master LLC, owner of the Dalmar Hotel in Fort Lauderdale, agreed upon signing their policy with the group of insurers – including Underwriters at Lloyd’s London, International Insurance Co. of Hannover SE and Indian Harbor Insurance Co. – that disputes like the one in question should be sent to an arbitration tribunal, said U.S. District Judge Kathleen M. Williams in a …

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