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PALOMAR SPECIALTY INSURANCE COMPANY v. BERKADIA REAL ESTATE ADVISORS L.L.C. et al
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June 15, 2026
An insurer has settled a suit seeking to avoid covering a commercial real estate firm and its former director against a $6.5 million claim related to the sale of a client's properties based on misrepresentations made in an errors and omissions policy application.
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July 29, 2025
Material misrepresentations in a commercial real estate firm's insurance renewal application mean the insurer has no duty to defend the firm or a former director against a $6.5 million claim related to the sale of a client's properties, the insurer told an Indiana federal court.