$1.7M Negligence Award Not Covered Loss, Lloyd's Says

By Daniel Tay · October 11, 2022, 6:10 PM EDT

A $1.7 million arbitration award against a claims manager is excluded from coverage because the award is an amount owed under a contract, which is not a loss under the manager's...

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Case Information

Case Title

Certain Underwriters at Lloyd's London subscribing to Policy No. CE0052 v. Jupiter Managing General Agency, Inc. et al

Case Number

3:20-cv-01037

Court

Tennessee Middle

Nature of Suit

Insurance

Date Filed

December 02, 2020