A Chubb Ltd. unit dodged paying a settlement to a resident of a Florida condo complex it insured, after a federal appellate court affirmed a lower court ruling.
The settlement agreement in the underlying suit was unenforceable, according to an unpublished opinion from the US Court of Appeals for the Eleventh Circuit Monday.
The condo resident, Annette Davis, sued Akam, the complex’s management company, alleging that it had been negligent in maintaining the facilities and caused her mold-related health problems.
Great Northern Insurance Co. provided excess insurance to supplement a policy from AmTrust International Underwriters, which excluded coverage for personal ...
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