N.Y. Judge Denies Injunction, Says Superstorm Sandy Insurance Coverage Claim ‘Not Likely to Succeed’

NEW YORK — A federal magistrate judge said Sept. 3 that he would not force an insurance company to pay for damage to a New York rental property caused by Superstorm Sandy, saying that the plaintiff is unlikely to succeed on claims that the damage was wind-related and not caused by flood.

Judge Steven M. Gold of the U.S. District Court for the Eastern District of New York reached the conclusion in a decision denying plaintiff Cashew Holdings LLC’s request for a preliminary injunction that would also have required Canopius US Insurance Inc. to rescind its decision not to renew …