NFIP flood policies carry strict federal coverage limits that cannot be exceeded, posing pitfalls for South Carolina homeowners facing property damage claims amid increasing disaster risks.
Source: insurancebusinessmag. Original: https://www.insurancebusinessmag.com/us/news/risk-compliance-legal/ninth-circuit-blows-open-162-million-legacy-policy-fight-over-aggregate-limits-573072.aspx