Co-op, Insurer at Odds Over Application of Flood Exclusion to Superstorm Sandy Claim

NEW YORK — A food retailer that is part of a 100-store co-op in New York City is asking a federal judge to declare that terms of a windstorm endorsement in a policy issued by Federal Insurance Co. conflict with a flood exclusion the insurer is using to deny coverage for much of the retailer’s Superstorm Sandy claim.

Neptune Food Corp. says in a lawsuit filed June 24 in U.S. District Court for the Eastern District of New York that application of the flood exclusion in a policy that also contains an endorsement for windstorm coverage regardless of any contributing …