11th Circ. Weighs Coverage For Unreasonable Settlements

Law360, New York (August 22, 2012, 9:54 PM EDT) -- An Eleventh Circuit coverage battle between a builder and Mid-Continent Casualty Co. over a copyright settlement may clear up the question of whether under Florida law, insurers can avoid covering all — or just part — of an underlying settlement that's found unreasonable, but not fraudulent or collusive, attorneys say.

The fight stems from a $1.7 million deal that insured American Pride Building Co. LLC struck without Mid-Continent's involvement. The settlement ended a suit claiming the builder had infringed Groff Construction Inc.'s copyrighted home designs. Mid-Continent...
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