Win For Health Care Boss Affirmed In Insurance Spat

Law360, New York (September 28, 2009, 4:25 PM EDT) -- A federal judge has declined to overturn a jury verdict for Managed Health Care Systems Inc. chairman Michael Ingoldsby, who sued insurance broker International Insurance Group Ltd. for $1.5 million for allegedly failing to procure him a proper directors and officers liability policy.

In part because of the legal confusion surrounding the case, Judge Nancy Gertner of the U.S. District Court for the District of Massachusetts decided to leave the verdict undisturbed, she said in an opinion issued Thursday. Defendant IIG's failed motion had asked the...
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