Surfside Condo in Florida Lacked Insurance Coverage
Miami Herald reported that A Miami-Dade judge on July 1 held a hearing for several civil lawsuits filed against the Champlain Towers South Condo Association in the deadly building collapse. Miami-Dade Circuit Judge Michael Hanzman said during the Zoom hearing “Building’s USD 48 million in total insurance coverage likely won’t be enough. There’s going to be a very serious allocation issue between those people who tragically lost loved ones and those who were lucky enough to only lose property.”
So far, five lawsuits have been filed stemming from the catastrophic collapse of the Champlain Towers South building on June 24. As of Thursday morning, the bodies of 18 people have been discovered and 145 remain missing in the unprecedented condo collapse. Rescue work was halted early Thursday over concerns that the remaining structure could topple.
Many more lawsuits are expected in the coming months, and litigation could take years as state and federal investigators, as well as law firms, work to determine what caused the collapse. The lawsuits, so far, have primarily targeted the Champlain Towers South Condo Association, which was spearheading repair work aimed at obtaining a 40-year building recertification from Miami-Dade County.