Broker’s ‘Maneuver’ To Keep Insurer In The Fight Is Not Permissible, 3rd Circuit Says
Mealey's (January 28, 2016, 2:11 PM EST) -- PHILADELPHIA — The Third Circuit U.S. Court of Appeals on Jan. 27 rejected an insurance broker’s plea to reverse a lower court’s dismissal of all claims against its co-defendant insurer in a Superstorm Sandy coverage dispute (The Residences at Bay Point Condominium Association, Inc. v. The Standard Fire Insurance Company, d/b/a Travelers Indemnity and Affiliates, et al., No. 14-3981, 3rd Cir.; 2016 U.S. App. LEXIS 1284).
(Opinion available. Document #51-160211-003Z.)
The Residences at Bay Point Condominium Association Inc. manages premises known at The Residences at Bay...