Federal Can Deny Coverage In Gas Station Buyers' $2M Accord

Law360, Philadelphia (August 20, 2012, 4:59 PM EDT) -- Federal Insurance Co. is not on the hook for at least $2 million in damages stemming from a class action settlement agreement between gas station operators and Uni-Marts LLC, a federal judge in Pennsylvania said Friday after ruling that Uni-Marts’ fraudulent behavior triggered policy exclusions.

A class of operators sued Uni-Marts in 2007, accusing Uni-Marts of lying about the costs associated with running a gas station in order to induce them into purchasing the gas stations in 2004 and 2005. The company settled the suit for...
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Case Information

Case Title

Federal Insurance Company v. UNI-MARTS, LLC


Case Number

3:07-cv-01357

Court

Pennsylvania Middle

Nature of Suit

Insurance

Judge

William J. Nealon

Date Filed

July 25, 2007

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