Insurer Asks Supreme Court To Stop 'End Run' Around CAFA

Law360, New York (October 24, 2012, 5:05 PM EDT) -- Standard Fire Insurance Co. urged the U.S. Supreme Court on Monday to rule that plaintiffs bringing class actions cannot dodge federal jurisdiction by vowing to seek no more than $5 million in damages — a threshold set by the Class Action Fairness Act — arguing it is well-settled that named plaintiffs cannot restrict the rights of putative class members.

The high court agreed in August to take up the case, a proposed class action claiming that Standard Fire routinely underpaid property damage claims under homeowners' policies....
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