$1M Verdict Against Tribe's Insurance Broker Upheld

Law360, New York (July 30, 2009, 4:37 PM EDT) -- A Connecticut appeals court has affirmed a jury verdict awarding the Viejas Band of Kumeyaay Indians close to $1 million in a dispute with its longtime insurance broker, who was found to have doctored the tribe's group life insurance policies and allowed a health policy covering hundreds of its employees to lapse.

The Superior Court of Connecticut denied Jay Lorinsky's appeal of a $916,933 judgment against him, finding that the jury had rightly awarded $678,239 in damages, in an opinion released Wednesday.

Lorinsky contended the court...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.