realnewshub.com
Travelers loses $27m battle over Maxus Metropolitan fire insurance claim
Travelers Loses $27M Battle Over Maxus Metropolitan Fire Insurance Claim in Landmark Ruling New York, NY – August 29, 2025 – In a significant victory for policyholders, Travelers Insurance Company has been ordered to pay $27 million to Maxus Metropolitan, LLC, following a protracted legal battle over a denied fire insurance claim stemming from a devastating 2023 blaze at a commercial property in Queens, New York. The ruling, issued by the U.S. District Court for the Southern District of New York on August 28, 2025, marks a rare rebuke of an insurer's bad-faith denial practices and underscores the growing scrutiny on coverage disputes in the wake of increasing natural and man-made disasters.