Insurers Seek To Recoup Millions After Calif. Wildfire
Law360, New York (July 18, 2013, 6:54 PM EDT) -- A group of insurance carriers filed a subrogation action in California state court Tuesday to recover payouts tied to a 14,000-acre wildfire allegedly ignited by careless workers of a real estate firm.
The suit stems from the so-called Crown Wildfire, which raged in July and August of 2010 in the high deserts of northern Los Angeles County. The blaze was allegedly ignited after employees with real estate development and investment company The Garrett Group LLC used power grinding equipment to dismantle tires from vehicle wheels at an isolated property it controlled.
Led by Farmers Insurance Exchange, 11 insurers are now seeking...
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