Insurer Needn't Cover Faulty-Billboard Deal: Court

Law360, New York (June 2, 2009, 12:00 AM EDT) -- Addressing a question posed by a federal court, the Supreme Court of Georgia has ruled that billboard owner Trinity Outdoor LLC cannot seek coverage for funds paid without its insurer's consent to settle a suit over an accident involving a defective billboard.

The Supreme Court of Georgia issued its decision Monday on a question certified by the U.S. District Court for the Northern District of Georgia, where a suit is pending in which Trinity alleged Central Mutual Insurance Co. acted in bad faith by declining to...
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