Insurer Hits Roadblock In Sanford Coverage Case

Law360, New York (March 8, 2010, 3:53 PM EST) -- Endurance American Specialty Insurance Co. has lost a bid to appeal findings that it must provide defense coverage to an insurance brokerage accused of helping Stanford International Bank perpetuate an alleged $8 billion Ponzi scheme involving the sale of certificates of deposit.

Judge Nancy Atlas of the U.S. District Court for the Southern District of Texas issued a ruling Thursday denying a motion to certify an interlocutory appeal of her previous order, in which she found that Endurance has a duty to defend the broker Bowen...
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