Firearm Dealer's Insurance Fight Moves Forward

Law360, New York (January 9, 2012, 3:34 PM EST) -- A Florida federal judge on Friday rejected dueling requests to resolve wholesale gun distributor Sporting Products LLC's suit seeking coverage from Pacific Insurance Co. for millions of dollars of firearm stock that allegedly disappeared when its U.K.-based supplier went bankrupt.

In denying both parties' motions for summary judgment, U.S. District Judge Kenneth A. Marra ruled that Sporting Products had put forth sufficient facts to establish that the alleged disappearance of 1,088 guns worth more than $1 million could constitute a covered loss of covered property under...
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