Judge: It Is Time For Insurer ‘To Face Reality’ In Dispute Over $1.6M Shortfall

(February 29, 2016, 7:58 AM EST) -- PROVIDENCE, R.I. — A Rhode Island federal judge on Feb. 16 refused to reconsider an earlier finding that the Central Coventry Fire District's tax liens can be considered property that the district owned or was legally liable for, denying the insurer’s motion for reconsideration in a dispute over coverage for the district's $1.6 million budget shortfall caused by a tax error (Mark Pfeiffer, in his capacity as receiver of the Central Coventry Fire District v. American Alternative Insurance Corp., No. 14-521, D. R.I.; 2016 U.S. Dist. LEXIS 18292)....