Court Incorrectly Calculated Deductible In Suit Arising From Hurricane Preparation

( June 2, 2026, 12:02 PM EDT) -- ATLANTA — The 11th Circuit U.S. Court of Appeals held that a lower federal court correctly identified policy provisions offering coverage for a railroad company’s losses arising from precautionary measures it took in preparing for Hurricane Irma but incorrectly calculated the deductible, affirming in part, vacating in part and remanding for the lower court to determine the amount the insured is entitled to recover after applying the lower deductible....