Memphis Daily News Chandler Reports Nashville Ledger
» Subscribe Today!
The Power of Information
Home
The Ledger - EST. 1978 - Nashville Edition
X

Forgot your password?
Skip Navigation LinksHome > Article
VOL. 42 | NO. 12 | Friday, March 23, 2018

Opry Mills seeks more insurance money from 2010 flood

Print | Front Page | Email this story

NASHVILLE (AP) — The owners of Opry Mills are asking the Tennessee Supreme Court to reverse a ruling that reduced their 2010 flood insurance coverage from $200 to $50 million.

The Tennessean reports the Simon Property Group filed an appeal Friday with the state Supreme Court. It seeks to overturn an appeals court decision in favor of Arch Insurance Company.

The Opry Mills mall was caught in the 2010 flooding of the Cumberland River. Ten feet of water submerged the huge shopping center, causing millions in damage.

In January, the Court of Appeals ruled that Opry Mills fell under a $50 million coverage limit for properties listed in "high hazard flood zones."

The appeals court reversed a jury award of nearly $200 million.

___

Information from: The Tennessean, http://www.tennessean.com

Follow us on Facebook, Twitter & RSS:
Sign-Up For Our FREE email edition
Get the news first with our free weekly email
Name
Email  
TNLedger.com Knoxville Editon
RECORD TOTALS DAY WEEK YEAR
PROPERTY SALES 0 0 0
MORTGAGES 0 0 0
FORECLOSURE NOTICES 0 0 0
BUILDING PERMITS 0 0 0
BANKRUPTCIES 0 0 0
BUSINESS LICENSES 0 0 0
UTILITY CONNECTIONS 0 0 0
MARRIAGE LICENSES 0 0 0