Lloyd's Fights Coverage Of $5.6M 'Fake' Jewel Heist

Law360, New York (May 28, 2010, 4:10 PM EDT) -- The Underwriters at Interest at Lloyd’s of London have gone on the offensive against a Palm Beach, Fla., jewelry shop owner charged with faking a $5.6 million robbery, claiming his continued lies should release the insurer from a web of excess insurance claims.

Lloyd's filed a third-party complaint Thursday in the U.S. District Court for the Southern District of Florida, hauling Worth Jewelers Inc., which does business as Lee Havens Fine Jewelry, into a suit filed by eight jewelry vendors seeking to recover $3 million from...
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