XL Specialty Insurance Company filed a suit on January 30, 2026, asking a federal judge to void its commercial dealer policy with Ideal Stamp Company and Inter Governmental Philatelic Corp., which does business as Imperial Mint. The case, now pending in the Eastern District of New York, puts a spotlight on what the insurer describes as a stark mismatch between what was disclosed at underwriting and what was later claimed after a loss.
XL Specialty sues to void policy over alleged $3.35 billion fire claim
By Awais
