Nashville’s Opry Mills mall sues 17 insurance companies for $150 million in flood coverageBy AP
Tuesday, September 14, 2010
Nashville mall sues for insurance coverage
NASHVILLE, Tenn. — The Opry Mills mall, closed since early May because of flooding, has filed a lawsuit against 17 insurance companies seeking at least $150 million in claims.
The mall, on the site of the old Opryland USA theme park, said in the Chancery Court suit filed Tuesday that it will be unable to restore the property without the money.
The suit claims the mall was covered for $200 million in flood insurance, but the companies have offered only $50 million. The suit estimates mall damage at more than $200 million.
The mall, next to the Cumberland River which overshot its banks, has more than 100 tenants.
Pounding rain dumped 13.5 inches of rain on Nashville May 1-2, killing nine people in the Nashville area.
Tags: Nashville, North America, Tennessee, United States