Property Management Co. seeks $2 million for hurricane damage

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By Hope Patti (February 28, 2022, 3:23 PM EST) – A property management company seeking more than $2 million in damages from a Munich Re unit has told a federal court in Texas that the insurer had to wrongfully denied and downplayed its claims for property damage at 41 sites following a hurricane that tore through the state’s coastal areas in 2020.

In a complaint filed in federal court Friday, Kemp Properties LLC accused Great Lakes Insurance SE, a subsidiary of Munich Re, of breach of contract, Texas Insurance Code violations and fraud. The lawsuit was originally filed in Texas state court in October 2021.

The original complaint also named…

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