No Evidence Of Fraud In Insurers' Contract Row: 5th Circ.

Law360, New York (November 8, 2011, 8:08 PM EST) -- The Fifth Circuit on Monday upheld a Louisiana federal court's dismissal of a breach of contract suit between two insurance companies, finding that the plaintiff insurer failed to show that parts of the contract were the result of fraud by the defendant insurer's general counsel.

The dispute centers on a marketing contract between the two insurers, Lighthouse MGA LLC and First Premium Insurance Group, first signed in 2008. Under the contract, First Premium agreed to perform a variety of marketing services for Lighthouse, in exchange for...
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