Has this Happened to Anyone Else ?

[Vega1860]

Thus validating our decision to forgo insurance (Other than liability when required). Of course, ours is an inexpensive old boat that can be replaced for $12k to $15k. If we had an expensive new boat we might choose differently.

[LibLady]

wow! Why did the insurance company deny coverage, and what co is it, so I can be certain not to give them my business?

[hellosailor]

"Aventure, which is based in Monaco with boats built in South Africa, "
A judgement issued in a US court might be impossible to enforce against a cleverly structured international corporation.
"We insure and register our clients boat in his or her name from Day 1. They are the owners of the boat and equipment through the different stages until completion day."
Especially when all the materials at the building yard, aside from what is on the shelves, might very well already actually belong to some other titled owners. Leaving no effective assets to go against.
Power Catamaran World: Aventure

[s/v Moondancer]

I am extremely sorry for the owners loss...

However, plastic hatches close to the waterline is about the stupidest idea I have seen in boats. The ones you see in each hull of some cats so that the cabin is cooled at anchor might be stupider...two bits of plastic to fail.

Only Slimwater appears to mention this problem...Good seamanship would dictate that you carry a plywood hatch cover with fittings that could plug the hole from the inside if the hatch failed.