General Star National Insurance Company v. MDLV LLC, et al
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February 21, 2024
11th Circ. Says Sotheby's Insured For Fla. Agent Theft Row
An Eleventh Circuit panel affirmed Wednesday that an insurer must defend One Sotheby's International Realty against allegations that its agent bamboozled married Russian investors into selling their Miami Beach-area condo at below market value, eventually stealing $3.7 million in sale proceeds.
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February 02, 2024
Insurance Coverage Excluded In Condo Sale, 11th Circ. Told
An insurance company urged the Eleventh Circuit on Friday to reverse a lower-court decision forcing it to provide coverage in a Florida condominium sale gone wrong, saying it was excluded from defending a claim against a real estate agent accused of converting the transaction's proceeds.