Pictorial Brings $37M Suit Against Insurer Over Claim

The printer seeks $400,000 for debris removal, $3.1 million for building damage, $23.9 million for damage to business personal property and $9.4 million for interruption to the business. Zurich has paid $1 million for flood damage and $250,000 for debris removal, the suit says.

Two months following the payout, Pictorial investigated why there were "significant and elevated levels of ongoing electrical problems," the newspaper reported, citing the filing. On Oct. 29, the day Sandy struck New Jersey, the printer noted a series of "high magnitude electrical service fluctuations" prior to the equipment shutting down.