Lloyd's Wants In On Insurance Case Against Prestige

Law360, New York (February 23, 2010, 5:53 PM EST) -- Prestige Title Inc.'s excess insurer Lloyd's of London has asked for permission to intervene in a lawsuit filed by Aspen Insurance U.K. Ltd. to rescind a primary insurance policy issued to Prestige, as the title insurance company faces two suits over allegations that its employees embezzled millions of dollars.

Lloyd's on Monday filed an amended petition to intervene to join Aspen in its claims against Prestige in the U.S. District Court for the Southern District of Mississippi, so that it can seek a declaration that the...
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